Netherlands: Delta Lloyd Group profit up 65%

In 2006 Delta Lloyd Group achieved excellent results. The net result increased by 65% to €711 million, and the result before taxation by 53% to €845 million.

  • Net result of €711 million, supported by rising interest rates and strong investment performance Delta Lloyd Group profit up 65%.

In 2006 Delta Lloyd Group achieved excellent results. The net result increased by 65% to €711 million, and the result before taxation by 53% to €845 million. These results stemmed from a prudent financial policy, rising interest rates and good returns on Delta Lloyd Group’s investment portfolio. The premium income was up 2% to €5.8 billion, mainly due to the acquisition of national health activities. In the coming years Delta Lloyd Group intends to increase its market share in pensions and insurance by doubling the gross premium income.

Executive Board chairman Niek Hoek, of Delta Lloyd Group, said: “In financial terms, we can look back with pride on 2006, which saw a net profit of €711 million. This reflects Delta Lloyd Group’s strength. In 2007, we are celebrating our 200th anniversary. The record result emphasises the excellent foundations on which the Group rests, and which has earned us our customers’ trust for two centuries. We are now ready for a new perspective; through strong growth, greater efficiency and cooperation, the Group will further reinforce its position in the coming years.”

Download the full press release (PDF 228KB)