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.

ABOUT THE AUTHOR
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 17 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. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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