Del. Code Ann. tit. 18, § 6960 – Discount on reserves; report on reserves | Midpage
§ 6960
Del. Code Ann. tit. 18, § 6960
Discount on reserves; report on reserves
76 Del. Laws, c. 161, § 15;
(a) A special purpose financial captive insurance company shall file annually with the Commissioner an actuarial opinion on reserves provided by an approved independent actuary.
(b) A special purpose financial captive insurance company may discount its reserves in accordance with the actuarial opinion filed under this section, subject to review by the Commissioner.