EUROPE - Deutsche Börse (DB) has announced the launch of longevity and mortality risk indices for use in securitisation products.
DB said the data would be based on transparent and objective statistics, issued under the name Xpect data, and it would also introduce indices under the name Xpect-Indices.
The indices will form the basis for securitisation products, which can be used by pension funds and insurers. DB said it would also be able to create indices customised for the needs of clients.
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