SGSS wins Caisse Centrale mandate

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Societe Generale Securities Services is to provide reporting, data, Solvency Capital Requirement calculations and financial risk monitoring reports to French re-reinsurer Caisse Centrale de Réassurance (CCR) in order to meet Solvency II requirements.

Solvency II comes into effect on 1 January 2016, and means insurers active in the EU must increase their reporting to regulators.

CCR said it selected SGSS because of its experience as a custodian and valuer of financial assets, as well as its ability to provide a solution that suits the re-insurer’s quantitative and qualitative requirements.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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