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Delta Lloyd N.V.

Delta Lloyd N.V.

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Publicatie datum 05 okt 2016 - 07:45
Statutaire naam Delta Lloyd N.V.
Titel Delta Lloyd strengthens position of Dutch and Belgian life insurance businesses
Bericht Delta Lloyd plans to simplify the corporate structure of its Belgian activities, after having performed a strategic review of these activities. As a result of this legal simplification, Delta Lloyd Life NV in Belgium will merge with Delta Lloyd Levensverzekering NV in the Netherlands. This will raise the group's Solvency II Standard Formula ratio (SF ratio) by around 5 percentage points. We will retain our commercial operations in Belgium, dedicated to this important market. Leon van Riet, member of the Executive Board: "This simplification is aligned with the priorities capital, customer and performance that we have set for the medium term. It has a substantial capital benefit and it will contribute to further improving our returns. As our second home market, Belgium is important to us and we have the ambition to strengthen our competitive position in our core markets."