Delaware § 6960 Discount on reserves; report on reserves

Delaware Statutes

§ 6960 — Discount on reserves; report on reserves

Delaware § 6960

JurisdictionDelaware

Title18

PartInsurance

Ch. 69CAPTIVE INSURANCE COMPANIES

Subch.Special Purpose Financial Captive Insurance Companies

This text of Delaware § 6960 (Discount on reserves; report on reserves) 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, § 6960 (2026).

Text

(a)A special purpose financial captive insurance company shall file annually with the Commissioner an actuarial opinion on reserves provided by an approved independent actuary.

(b)A special purpose financial captive insurance company may discount its reserves in accordance with the actuarial opinion filed under this section, subject to review by the Commissioner.

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