Delphi Sees 48% Jump in Excess, SI Premiums

Delphi Financial Group, Inc. (NYSE: DFG) announced yesterday that Core group employee benefit premiums in the second quarter of 2003 rose 19% from the prior year's quarter, reaching $162.9 million. This growth was driven by a 48% increase in premiums from Safety National's leading product, excess workers' compensation insurance for self-insured employers. Safety National continued to capitalize on the hard market for excess workers' compensation, achieving average price increases above 15%, significant improvements in contract terms, and a 65% increase in new sales. Robert Rosenkranz, Chair...