Longevity swap surge predicted after £1.4bn Akzo Nobel deal

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The £1.4bn Akzo Nobel longevity swap completed last week is predicted to be the first in a wave of transactions in 2012 and 2013.

The deal will see Swiss Re take on the longevity risk associated with 17,000 pensioner members, which will be kept on the reinsurer's books (PP Online, 24 May). It covers the risk for approximat...

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