Delphi Financial Group, Inc. (NYSE: DFG) announced today that its Board of Directors declared a cash dividend of $0.12 per share on the Company's common stock for the first quarter of 2012. Such dividend will be payable on March 6, 2012 to shareholders of record at the close of business on February 21, 2012.

Delphi Financial Group, Inc. is a financial services company focused on specialty insurance and insurance-related businesses. 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, large casualty programs including large deductible workers' compensation, 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.

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