Emiel Roozen News

Update: Delta Lloyd’s $588 Million First Half Loss Raises Capital Concerns

Delta Lloyd NV fell the most on record after interest-rate hedging and declines in bonds spurred a first-half loss, raising concern the Dutch insurer may need to raise capital. The shares fell 20 percent to 13.17 euros at 5:30 p.m. …

Delta Lloyd’s CFO Resigns After Court Upholds Fine for Information Abuse

Delta Lloyd NV Chief Financial Officer Emiel Roozen stepped down after a court upheld a central-bank decision fining the insurer for making trades based on confidential information. Supervisory Board Chairman Jean Frijns will also resign on Oct. 1, the Amsterdam-based …

Delta Lloyd Ordered to Dismiss CFO, Fined by Dutch Regulator

Delta Lloyd NV said the Dutch central bank ordered it to dismiss Chief Financial Officer Emiel Roozen by 2016 and fined the insurer for allegedly using confidential information when it cut interest-rate hedges in 2012. The shares plunged the most …