Delta Lloyd sold less insurance, more mortgages in first half
Insurance group Delta Lloyd saw income from general insurance premiums fall in the first half of 2014, while income from mortgages and collective life insurance grew.
The first half results, published on Thursday, show gross premium income fell 8% to €2.2bn compared with the year earlier period. Operating profit fell 7% to €191m, mainly due to a further drop in the interest rate.
Income from mortgages rose 53% to €564m.
In the pension market, income from collective life insurance rose 20% to €229m.
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