House Bill 44
151st General Assembly (2021 - 2022)
Bill Progress
Signed 7/30/21
The General Assembly has ended, the current status is the final status.
Bill Details
12/18/20
AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO CREDIT FOR REINSURANCE.
This Act reflects the National Association of Insurance Commissioner’s revisions to the Model Credit for Reinsurance Act. The revisions make the law consistent with provisions of covered agreements with the European Union and United Kingdom with respect to reinsurance collateral requirements. The changes will also provide reinsurers domiciled in National Association of Insurance Commissioners-qualified jurisdictions other than within the EU (currently, Bermuda, Japan and Switzerland) with the possibility of similar reinsurance collateral reductions. This is an accreditation bill.
83:104
15
Not Required
7/30/21
N/A
Amendments
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Roll Call Details
Committee Report Details
Favorable:
On its Merits:
Unfavorable: