Delaware § 6960 Discount on reserves; report on reserves

Delaware Statutes

§ 6960 — Discount on reserves; report on reserves

Delaware·Title 18·Part Insurance·Ch. 69 CAPTIVE INSURANCE COMPANIES·Subch. Special Purpose Financial Captive Insurance Companies

(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.

Free access — add to your briefcase to read the full text and ask questions with AI

Delaware § 6960 (Discount on reserves; report on reserves) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.