Awards 2012: Best bank, longevity risk: Deutsche Bank

Best bank, longevity risk: Deutsche Bank

Deutsche Bank has demonstrated its expertise in longevity risk management, with major transactions completed in the last year.

In February 2012, it completed a swap transaction that hedged risk on €12 billion (£9.5 billion) for Dutch insurer Aegon, which was the biggest longevity hedge ever done by a corporate.

The Aegon transaction was the first significant risk transfer of longevity risk to the capital markets. It was also the first major longevity risk transfer linked to population statistics