Delphi Financial Group, Inc. (NYSE: DFG) announced today that its Board
of Directors declared a cash dividend of $0.10 per share on the
Company’s common stock for the second quarter of 2009. Such dividend
will be payable on June 3, 2009 to shareholders of record at the close
of business on May 20, 2009.
Delphi Financial Group, Inc. is an integrated employee benefit services
company. Delphi is a leader in managing all aspects of employee absence
to enhance the productivity of its clients and provides the related
group insurance coverages: long-term and short-term disability, life,
excess workers’ compensation for self-insured employers, travel
accident, dental and limited benefit health insurance. Delphi’s asset
accumulation business emphasizes individual annuity products. Delphi’s
common stock is listed on the New York Stock Exchange under the symbol
DFG and its corporate website address is www.delphifin.com.
In connection with, and because it desires to take advantage of, the
“safe harbor” provisions of the Private Securities Litigation Reform Act
of 1995, Delphi cautions readers regarding certain forward-looking
statements in the foregoing discussion, such as earnings per share
guidance, and in any other statements made by, or on behalf of, Delphi,
whether in future filings with the Securities and Exchange Commission or
otherwise. Forward-looking statements are statements not based on
historical information and which relate to future operations,
strategies, financial results, prospects, outlooks or other
developments. Some forward-looking statements may be identified by the
use of terms such as “expects,” “believes,” “anticipates,” “intends,”
“judgment,” “outlook” or other similar expressions. Forward-looking
statements are necessarily based upon estimates and assumptions that are
inherently subject to significant business, economic, competitive and
other uncertainties and contingencies, many of which are beyond Delphi’s
control and many of which, with respect to future business decisions,
are subject to change. Examples of such uncertainties and contingencies
include, among other important factors, those affecting the insurance
industry generally, such as the economic and interest rate environment,
federal and state legislative and regulatory developments, including but
not limited to changes in financial services, employee benefit and tax
laws and regulations, changes in accounting rules or interpretation,
market pricing and competitive trends relating to insurance products and
services, acts of terrorism or war, and the availability and cost of
reinsurance, and those relating specifically to Delphi’s business, such
as the level of its insurance premiums and fee income, the claims
experience, persistency and other factors affecting the profitability of
its insurance products, the performance of its investment portfolio and
changes in Delphi’s investment strategy, acquisitions of companies or
blocks of business, and ratings by major rating organizations of Delphi
and its insurance subsidiaries. These uncertainties and contingencies
can affect actual results and could cause actual results to differ
materially from those expressed in any forward-looking statements made
by, or on behalf of, Delphi. Forward-looking statements contained in the
foregoing discussion are made as of the date of this press release and
Delphi disclaims any obligation to update these or any other
forward-looking statements.

Delphi Financial Group, Inc.
Bernard J. Kilkelly, 212-303-4349
Vice
President, Investor Relations
bernie-kilkelly@dlfi.com