18 Del. C. § 6960

Discount on reserves; report on reserves.

Last amended: 2007Year: 2026Length: 53 wordsSubsections: 2Official source
(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.
18 Del. C. § 6960: Discount on reserves; report on reserves. | Justis AI