Hogan Lovells has advised Reinsurance Group of America (RGA) on an index-based longevity swap transaction it has entered into with Delta Lloyd covering €12 billion of Delta Lloyd’s longevity reserves. The transaction completed on 22 August 2014.

This marks the first time that Delta Lloyd Levensverzekering N.V., the life insurance arm of the Dutch insurance, pensions and investments firm Delta Lloyd, has used the reinsurance market to transfer longevity risk. More >>