Bloomberg News

Deutsche Bank Closes 12 Billion-Euro Longevity Swap With Aegon

February 17, 2012

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, 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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