Delaware § 1106 Unearned premium reserve

Delaware Statutes

§ 1106 — Unearned premium reserve

Delaware § 1106

JurisdictionDelaware

Title18

PartInsurance

Ch. 11ASSETS AND LIABILITIES

Subch.Liabilities and Reserves

This text of Delaware § 1106 (Unearned premium reserve) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 18, § 1106 (2026).

Text

(a)As to property, casualty and surety insurance the insurer shall maintain an unearned premium reserve on all policies in force.

(b)Except as provided in § 1107 of this title as to marine and transportation risks, the unearned premium shall be equal to the unearned portion of gross premiums in force (after deduction of applicable reinsurance in solvent insurers) computed on an annual, monthly or more frequently pro rata basis.

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(a) As to property, casualty and surety insurance the insurer shall maintain an unearned premium reserve on all policies in force.

(b) Except as provided in § 1107 of this title as to marine and transportation risks, the unearned premium shall be equal to the unearned portion of gross premiums in force (after deduction of applicable reinsurance in solvent insurers) computed on an annual, monthly or more frequently pro rata basis.