DE Domestic/Foreign Bulletin No. 10
Reporting Risk Based Capital by Insurers Subject to 18 Delaware Code § 1104
DOMESTIC/FOREIGN INSURERS BULLETIN NO. 10
REPORTING RISK BASED CAPITAL BY INSURERS
SUBJECT TO 18 Del. C. § 1104
TO: ALL INSURERS AND LICENSEES
FROM: DONNA LEE H. WILLIAMS, COMMISSIONER
Effective March 1, 2002, domestic insurers who transact business only in foreign
countries under 18 Del. C.§ 103 and who calculate reserves under 18 Del. C.§ 1104, and which
otherwise meet the requirements of 18 Del. C.§ 5809(d) shall be exempt from calculating the
differences between the accounting practices permitted by Delaware for companies complying
with 18 Del. C.§ 1104 and NAIC Statutory Accounting Practices and Procedures.
DATED: February 25, 2002
Donna Lee H. Williams, Commissioner