Delta Lloyd cancels sale of German run-off business
Netherlands-based insurer Delta Lloyd, now just 19% owned by UK insurer Aviva, has cancelled the planned sale of its German operations to Nomura, the company said this morning. Delta Lloyd CEO Niek Hoek (pictured) said that it intends to continue to run its German operations as a run-off business and that it is still exploring various strategic options with the business.
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