Magazine date:
Feb 2016 In preparation for the new prudential requirements, the Société Centrale de Réassurance is getting endowed with a more effective internal model for risk management. The national reinsurer has created a central direction for corporate risk management.
Entrusted to the deputy CEO, this division will preside over three departments: the conformity and internal control department, the asset-liability management and solvency control department along with legal affairs and rating department.
Finally, SCR has also issued a bid for the elaboration of a new system for modelling and risk management. This package of measures should help the company better control its underwritings and increase its capacity on the market.