Société Générale Corporate & Investment Banking (SG CIB) has completed its first major transaction in the longevity market, with the structuring and syndication of a €1.4 billion longevity swap deal for Dutch insurer Aegon.
The deal marks the second foray into the longevity swaps market by Aegon, having completed a €12 billion longevity swap with Deutsche Bank last year. The latest deal has a 20-year maturity, with a commutation reflecting an estimation of the remaining exposure at year 20. The
The week on Risk.net, July 7-13, 2018Receive this by email