Summary: Delta Lloyd Group Dec 11
- ID: 2035462
- December 2011
- Standard & Poors
The ratings on Delta Lloyd Levensverzekering N.V. and Delta Lloyd Schadeverzekering N.V., the main operating entities of the Delta Lloyd group, reflect their strong competitive position in the Dutch insurance markets and strong financial flexibility. These positive factors are offset, however, by the difficulties posed by operating in a very competitive environment. Delta Lloyd group is one of the largest insurers in The Netherlands, offering a broad range of products through various distribution channels. Delta Lloyd group achieved a successful partial IPO at the end of 2009 and in our view is relatively unleveraged as a group. Unlike many major Dutch insurers, the Delta Lloyd group did not receive funds from the government during the 2008-2009 financial crisis and so...
Companies mentioned in this report are:
- Delta Lloyd Levensverzekering N.V.
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