Ronald ChidiacSenior Actuary & Partner
Insurance, Capital Management, Actuarial, Management Operations
- Fellow of the French Actuarial Institute
- Fellow of the Lebanese Actuarial Association
- Engineer in Statistics & Economy (ENSAE)
Mr. Chidiac has more than 25 years of experience in the insurance & reinsurance industry, as an independent actuarial consultant as well as having held various executive positions in different companies. He has established SARIMA, an actuarial & consultancy firm in 1995, which was integrated into i.e. Muhanna & co in October 2021.
Mr. Chidiac career led him to specialize in Actuarial & Advisory services as well as reinsurance in all classes of business, with a particular focus on Life, Health, Motor, and Bancassurance. After having worked as an independent consulting actuary, he joined PricewaterhouseCoopers (PwC) as a partner to promote actuarial and insurance advisory services across the Middle East. He then left PwC to join Arab Reinsurance Company – founded in 1972 under a Pan Arab initiative – as General Manager in May 2010.
With more than 25 years of experience, Mr. Chidiac has worked with almost 50% of the MENA (re)insurance companies, and established a good network and market intel
Mr. Chidiac joined a reinsurance broker i.e. Broktech as the CEO in 2016. A wide range of new products/solutions were designed and marketed to insurers, reinsurers, and banks, mostly articulating on capital management/relief, balance sheet and P&L protections, and smart capacity (i.e. integrating capacity with dynamic risk management services). This led Mr. Chidiac to establish in 2019 Ixpan, an Insurtech and offshoot company of Broktech.
Mr. Chidiac I has also established fully-fledged Motor and Medical Third Party Administrators (TPA), in addition to having pioneered the setting up of an actuarial program in Lebanon through the USJ Faculty of Science where he’s a visiting professor since 2001.