Any domestic insurer, either by itself or in cooperation with 1 or more persons, may organize or acquire 1 or more subsidiaries as otherwise permitted under this title. Such subsidiaries may conduct any kind of business or businesses and their authority to do so shall not be limited by reason of the fact that they are subsidiaries of a domestic insurer.
Structure Delaware Code
Chapter 50. INSURANCE HOLDING COMPANY SYSTEM REGISTRATION
§ 5002. Subsidiaries of insurers.
§ 5003. Acquisition of control of or merger with domestic insurer.
§ 5003A. Acquisitions involving insurers not otherwise covered.
§ 5004. Registration of insurers.
§ 5005. Standards and management of an insurer within an insurance holding company system.
§ 5007. Confidential treatment.
§ 5008. Rules and regulations.
§ 5009. Injunctions, prohibitions against voting securities; sequestration of voting securities.
§ 5013. Revocation, suspension or nonrenewal of insurer's license.
§ 5015. Group-wide supervision of internationally active insurance group.