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Delta Lloyd N.V.

Delta Lloyd N.V.

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Publicatie datum 10 dec 2012 - 17:50
Statutaire naam Delta Lloyd N.V.
Titel Delta Lloyd strengthens distribution power in Belgium
Bericht Exclusive distribution of life insurance through Landbouwkrediet/Centea branches Proposed sale of Belgian general insurance portfolio to Fidea Exclusive distribution of Fidea general insurance products through Delta Lloyd bank branches in Belgium Substantial reinforcement of distribution power Delta Lloyd in Belgium is taking over the agreement for the exclusive distribution of life insurance that Fidea has with Landbouwkrediet/Centea. This will considerably boost Delta Lloyd's commercial strength in Belgium. Landbouwkrediet/Centea serves about 1.2 million customers through 900 branches. The premium volume involved in this agreement is estimated at an annual € 150 million, and comprises mainly single premiums. This transaction makes an excellent fit with Delta Lloyd's strategic focus to continue growing as a pension insurer in Belgium.