Financial Report

Use of Brokerage Accounts For Holding Minimum Capital and Surplus

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Mentions of “INSURANCE” — 9 found

… TRINIDAD NA VARRO COMMISSIONER STATE OF DELAWARE DEPARTMENT OF INSURANCE TO: RE: CAPTIVE BULLETIN NO. 12 (REVISED) ALL CAPTIVE MANAGERS, AUDITORS, AND ACTUARIES ACCREDITED IN DELAWAR …

… (REVISED) ALL CAPTIVE MANAGERS, AUDITORS, AND ACTUARIES ACCREDITED IN DELAWARE, ALL MEMBERS OF THE DELAWARE CAPTIVE INSURANCE ASSOCIATION, AND ALL SELF-MANAGED DELAWARE CAPTIVES USE OF BROKERAGE ACCOUNTS FOR HOLDING MINIMUM CAPITAL AND SUR …

… SURPLUS DATED: January 20, 2023 October 10 , 2023 REVISED: The purpose of this Bulletin is to inform the captive insurance industry that effectively immediately and consistent with my discretionary authority pursuant to 18 Del. C. § 6905(c) …

… ediately and consistent with my discretionary authority pursuant to 18 Del. C. § 6905(c), a Delaware licensed captive insurance company with no third-party coverage, if authorized by its approved business plan, may hold minimum capital and surpl …

… ge. Questions concerning this Bulletin and any captive matter shall be directed to the Bureau of Captive & Financial Insurance Products, Director, Stephen Taylor at stephen.taylor@delaware.ga or 302-577-5280. Thank you for domiciling your capti …

… oducts, Director, Stephen Taylor at stephen.taylor@delaware.ga or 302-577-5280. Thank you for domiciling your captive insurance company in Delaware. Trinidad Navarro Delaware Insurance Commissioner NOTE: This Bulletin is intended solely for i …

… ga or 302-577-5280. Thank you for domiciling your captive insurance company in Delaware. Trinidad Navarro Delaware Insurance Commissioner NOTE: This Bulletin is intended solely for informational purposes. It is not intended to set forth legal …

… ed to provide legal advice. Readers should consult applicable statutes and rules and contact the Delaware Department of Insurance if additional information is needed. +INSURANCE.DELA WARE.GOV+ 503 CARR ROAD. SUITE 303. WILMINGTON. DELAWARE 1980 …

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Statutes cited

18 Del. C. § 6905(c)