The Commissioner shall keep a careful record of the securities deposited by each insurer, and when furnishing the annual certificates of value, he or she shall enter thereon the amount and value of the securities deposited by such insurer. If at any time it appears from such certificates or otherwise that the value of securities held on deposit is less than the reserve required by the method and basis of valuation prescribed in §§ 1111-1113 of this title on all the registered policies and bonds in force in such insurer, the insurer shall have made good the deficit. If the insurer fails to make good such deficit for 60 days it shall be deemed insolvent and shall be proceeded against in the manner provided by Chapter 59 (Rehabilitation and Liquidation) of this title.
Structure Delaware Code
Chapter 29. LIFE INSURANCE AND ANNUITY CONTRACTS
§ 2903. “Industrial life insurance” defined.
§ 2904. Standard provisions required.
§ 2912. Table of installments.
§ 2915. Beneficiary, industrial policies.
§ 2917. Excluded or restricted coverage.
§ 2918. Standard provisions; annuity and pure endowment contracts.
§ 2919. Grace period; annuities.
§ 2920. Incontestability; annuities.
§ 2921. Entire contract; annuities.
§ 2922. Misstatement of age or sex; annuities.
§ 2924. Reinstatement; annuities.
§ 2925. Standard provisions; reversionary annuities.
§ 2926. Limitation of liability.
§ 2927. Prohibited provisions.
§ 2928. Provisions required by law of other jurisdiction.
§ 2929. Standard nonforfeiture law — Generally.
§ 2930. Incontestability; limitation of liability after reinstatement.
§ 2931. Participating, nonparticipating policies; right to issue.
§ 2933. Prohibited policy plans.
§ 2934. Registered policies, bonds; deposit.
§ 2935. Registered policies, bonds — Identification.
§ 2936. Registered policies, bonds — Records of Commissioner; valuation.
§ 2937. Registered policies, bonds — Additional deposits.
§ 2938. Registered policies, bonds — Deficient deposit.
§ 2939. Registered policies, bonds — Effect of insolvency.
§ 2940. Registered policies, bonds — Applicability of general deposit provisions.