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2022 Delaware Code
Title 18 - Insurance Code
Chapter 5. AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS
§ 512. Insuring combinations without additional capital funds.
Universal Citation: 18 DE Code § 512 (2022)
§ 512. Insuring combinations without additional capital funds. 18 Del. C. 1953, § 512; 56 Del. Laws, c. 380, § 1; 80 Del. Laws, c. 268, § 1;
Without additional capital or additional surplus, an authorized insurer is also authorized:
(1) If a life insurer, to grant annuities or issue funding agreements;
(2) If a health insurer, to insure against congenital defects, as defined in § 906(a)(12) of this title;
(3) If a casualty insurer, to transact also health insurance. Except, that this provision shall not apply to a domestic insurer authorized to transact casualty insurance pursuant to § 511(a)(1) of this title.
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