The Commissioner may adopt rules establishing standards to ensure that a pure captive insurance company's parent or any of its affiliated companies is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company; provided, however, that, until such time as rules under this section are adopted, the Commissioner may approve the coverage of such risks by a pure captive insurance company, on a case by case basis.
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.