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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported): February 13, 2007

                           DELPHI FINANCIAL GROUP, INC.
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             (Exact name of registrant as specified in its charter)

            Delaware                   001-11462               13-3427277
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  (State or other jurisdiction        (Commission             (IRS Employer
       of incorporation)              File Number)         Identification No.)

        1105 North Market Street, Suite 1230,
                    P.O. Box 8985,
                    Wilmington, DE                               19899
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       (Address of principal executive offices)               (ZIP Code)

         Registrant's telephone number, including area code 302-478-5142

                                 Not Applicable
         --------------------------------------------------------------
         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities
     Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange
     Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

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Item 2.02.  Results of Operations and Financial Condition

On February 13, 2007, the Registrant issued a press release, a copy of which is
attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by
reference herein.

Note: The information in this report (including the exhibit) is furnished
pursuant to "Item 2.02. Results of Operations and Financial Condition" and shall
not be deemed to be "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 or otherwise subject to the liabilities of that section,
nor shall such information be deemed incorporated by reference in any filing
under the Securities Act of 1933, unless incorporated by specific reference in
such filing.

Item 9.01.  Financial Statements and Exhibits

(a)  Not applicable.
(b)  Not applicable.
(c)  Not applicable.
(d)  Exhibits.

     Exhibit Number    Description of Exhibits
     --------------    ---------------------------------------------------------
          99.1         Registrant's February 13, 2007 press release.



Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                   DELPHI FINANCIAL GROUP, INC.


                                                   /s/ ROBERT ROSENKRANZ
                                                   -----------------------------
                                                   Robert Rosenkranz
                                                   Chairman of the Board and
                                                   Chief Executive Officer
                                                   (Principal Executive Officer)

Date: February 13, 2007