(a) It is determined and declared as a matter of legislative finding that captive insurance companies can serve a valuable risk management function, and that their responsible utilization and the growth of the captive insurance industry in the State of Delaware are in the best interests of this State.
(b) It is further determined and declared that the purpose and policy of this chapter shall be:
(1) To provide for the regulation of captive insurance companies consistent with their nature and purpose;
(2) To provide flexibility and opportunity to captive insurance companies and to persons utilizing them; and
(3) To foster economic development in this State through the growth of the captive insurance industry.
Structure Delaware Code
Chapter 69. CAPTIVE INSURANCE COMPANIES
Subchapter I. General Provisions
§ 6903. License application; certificate of authority.
§ 6905. Minimum capital and surplus; letter of credit.
§ 6906. Formation of captive insurance companies.
§ 6908. Examinations and investigations.
§ 6909. Suspension or revocation of certificate of authority.
§ 6910. Legal investments; management of assets.
§ 6912. Rating organization membership.
§ 6913. Prohibited associations.
§ 6914. Tax on premiums collected.
§ 6915. Rules and regulations; in general.
§ 6915A. Exemption from rules and regulations; special purpose captive insurance companies.
§ 6917. Captive insurance regulatory and supervision fund.
§ 6919. Rules for controlled unaffiliated business.
§ 6921. Material changes in information; continued licensure.