Casualty or surety insurers insuring real property mortgage lenders against loss by reason of nonpayment of the mortgage indebtedness by the borrower shall maintain a contingency reserve for the protection of policyholders against the effects of adverse economic cycles.
Structure Delaware Code
Chapter 11. ASSETS AND LIABILITIES
Subchapter II. Liabilities and Reserves
§ 1103. Liabilities, in general.
§ 1104. Reserves of domestic insurers transacting business in foreign countries only.
§ 1105. Disallowance of “wash” transactions.
§ 1106. Unearned premium reserve.
§ 1107. Unearned premium reserve for marine and transportation insurance.
§ 1108. Health insurance policy reserves.