Financial report context:
( 4 ) cds adjustment represents credit protection purchased from european peripherals 2019 banks on european peripherals 2019 sovereign and financial institution risk . based on the cds notional amount assuming zero recovery adjusted for any fair value receivable or payable . ( 5 ) represents cds hedges ( purchased and sold ) on net counterparty exposure and funded lending executed by trading desks responsible for hedging counterparty and lending credit risk exposures for the company . based on the cds notional amount assuming zero recovery adjusted for any fair value receivable or payable . ( 6 ) in addition , at december 31 , 2013 , the company had european peripherals exposure for overnight deposits with banks of approximately $ 111 million . industry exposure 2014otc derivative products . the company also monitors its credit exposure to individual industries for current exposure arising from the company 2019s otc derivative contracts . the following table shows the company 2019s otc derivative products by industry at december 31 , 2013 : industry otc derivative products ( 1 ) ( dollars in millions ) .

Financial table:
industry: utilities; otc derivative products ( 1 ) ( dollars in millions ): $ 3142
industry: banks and securities firms; otc derivative products ( 1 ) ( dollars in millions ): 2358
industry: funds exchanges and other financial services ( 2 ); otc derivative products ( 1 ) ( dollars in millions ): 2433
industry: special purpose vehicles; otc derivative products ( 1 ) ( dollars in millions ): 1908
industry: regional governments; otc derivative products ( 1 ) ( dollars in millions ): 1597
industry: healthcare; otc derivative products ( 1 ) ( dollars in millions ): 1089
industry: industrials; otc derivative products ( 1 ) ( dollars in millions ): 914
industry: sovereign governments; otc derivative products ( 1 ) ( dollars in millions ): 816
industry: not-for-profit organizations; otc derivative products ( 1 ) ( dollars in millions ): 672
industry: insurance; otc derivative products ( 1 ) ( dollars in millions ): 538
industry: real estate; otc derivative products ( 1 ) ( dollars in millions ): 503
industry: consumer staples; otc derivative products ( 1 ) ( dollars in millions ): 487
industry: other; otc derivative products ( 1 ) ( dollars in millions ): 1157
industry: total; otc derivative products ( 1 ) ( dollars in millions ): $ 17614

Additional report context:
( 1 ) for further information on derivative instruments and hedging activities , see note 12 to the consolidated financial statements in item 8 . ( 2 ) includes mutual funds , pension funds , private equity and real estate funds , exchanges and clearinghouses and diversified financial services . operational risk . operational risk refers to the risk of loss , or of damage to the company 2019s reputation , resulting from inadequate or failed processes , people and systems or from external events ( e.g. , fraud , legal and compliance risks or damage to physical assets ) . the company may incur operational risk across the full scope of its business activities , including revenue-generating activities ( e.g. , sales and trading ) and control groups ( e.g. , information technology and trade processing ) . legal , regulatory and compliance risk is included in the scope of operational risk and is discussed below under 201clegal , regulatory and compliance risk . 201d the company has established an operational risk framework to identify , measure , monitor and control risk across the company . effective operational risk management is essential to reducing the impact of operational risk incidents and mitigating legal , regulatory and reputational risks . the framework is continually evolving to account for changes in the company and respond to the changing regulatory and business environment . the company has implemented operational risk data and assessment systems to monitor and analyze internal and external operational risk events , business environment and internal control factors and to perform scenario analysis . the collected data elements are incorporated in the operational risk capital model . the model encompasses both quantitative and qualitative elements . internal loss data and scenario analysis results are direct inputs to the capital model , while external operational incidents , business environment internal control factors and metrics are indirect inputs to the model. .

Question: did the company have more exposure to the insurance industry than the real estate industry in its derivative portfolio?
Answer: yes