Deutsche Bank Closes 12 BillionEuro Longevity Swap
Posted By admin on February 22, 2012
By Maud van Gaal
Feb. 17 (Bloomberg) — Deutsche Bank AG closed a 12 billion-euro longevity swap with Aegon NV to help the Dutch insurer hedge against increased life expectancy.
The swap was targeted directly to the capital markets and the first in its kind based on population data in continental Europe Herve Leger, Deutsche Bank said in a statement today.
To contact the reporter on this story: Maud van Gaal in Amsterdam at mvangaal@bloomberg.net
To contact the editor responsible for this story: Fred Pals at fpals@bloomberg.net
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