CNP Assurances renews Caceis mandate 12 February 2024France Reporter: Lucy Carter
Image: Elena Abrazhevich/stock.adobe.com
Personal and property insurance provider CNP Assurances has renewed its mandate with Caceis.
The asset servicing group will continue to provide custody for the company’s approximate €260 billion in assets, along with middle-office services for securities finance transactions.
This renewal builds on a more than 15-year relationship between the firms.
Joe Saliba, deputy general manager of Caceis, says: “This major mandate confirms Caceis as a key partner for CNP Assurances.
“Over the years, we have constructed a bespoke operational model that is perfectly adapted to their needs and we are committed to supporting their business development plans going forward.”
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Image: Elena Abrazhevich/stock.adobe.com 