(a) Any captive insurance company may provide reinsurance, on risks ceded by any other insurer, in accordance with § 910 of this title.
(b) With the exception of a risk retention group, any captive insurance company may take credit or a reduction from liability for the reinsurance of risks or portions of risks ceded to reinsurers in accordance with subchapter III of Chapter 9 of this title, or as otherwise approved by the Commissioner.
(c) A risk retention group may take credit or a reduction from liability for the reinsurance of risks or portions of risks ceded to reinsurers only in accordance with subchapter III of Chapter 9 of this title.
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.