Please be advised, the Wilmington Office of the Delaware Department of Insurance has moved to a new location effective June 30th, 2023. The new address for the Wilmington office is: 503 Carr Road, Suite 303, Wilmington, Delaware 19809. (All payments should be mailed to 1351 West North Street, Suite 101, Dover, Delaware 19904.)
Medicaid Unwinding FAQ – See More Info
COVID-19 Insurance FAQ - See More Info
The Applicant shall submit the Uniform Application Checklist for Certified Reinsurers (initial and renewal applications) and any other reasonable requirements deemed necessary for certification by the Commissioner. Upon notice and approval of the application, the effective date will be as of the beginning of the quarter in which the application notice has been posted for thirty days. Please see Delaware Title 18, Section 911(5) and Delaware Administrative Code 1003 – Credit for Reinsurance, Section 8 for the applicable law and regulation on certified reinsurers.
The Commissioner shall post notice on the Insurance Department’s website promptly upon receipt of any application for certification, including instructions on how members of the public may respond to the application. The Commissioner may not take final action on the application until at least thirty (30) days after posting the notice required by this paragraph.
Qualified Jurisdictions | Effective Date |
Bermuda | 01/01/2014 |
France | 01/01/2015 |
Germany | 01/01/2014 |
Ireland | 12/04/2013 |
Japan | 01/01/2015 |
Switzerland | 01/01/2014 |
United Kingdom | 01/01/2014 |
Pursuant to 18 Del. C. §1003(8.2.1), this Notice is given to request that any person who objects to an applicant listed below being licensed as a Certified Reinsurer in Delaware should address written comments, specifying with reasonable detail the nature of the objection, to the attention of Rylynn Brown, Chief Financial Examiner, Delaware Department of Insurance, 1351 West North Street, Suite 101, Dover, DE 19904. Objections are to be received by the response deadline date mentioned below.
Applicant Name | Date Application Received | Response Deadline |
—————— | —————— | —————— |
Certified Reinsurers | Secure Rating | Effective Date of Initial Certification | Effective Date of Renewal Certification |
ACE INA Overseas Insurance Company Ltd. | Secure – 2 (10%) | 01/01/2017 | 01/01/2019 to 12/31/2019 |
Allied World Assurance Company, Ltd. | Secure – 3 (20%) | 10/01/2014 | 01/01/2024 to 12/31/2024 |
Arch Reinsurance Ltd. | Secure – 3 (20%) | 10/01/2014 | 01/01/2024 to 12/31/2024 |
Athene Life Re Ltd. | Secure – 3 (20%) | 06/15/2017 | 01/01/2024 to 12/31/2024 |
Chubb European Group SE | Secure – 2 (10%) | 01/01/2021 | 01/01/2023 to 12/31/2023 |
DaVinci Reinsurance Ltd. | Secure – 4 (50%) | 10/31/2018 | 01/01/2022 to 12/31/2022 |
Endurance Specialty Insurance Limited | Secure – 3 (20%) | 07/01/2015 | 01/01/2022 to 12/31/2022 |
Everest Reinsurance (Bermuda), Ltd. | Secure – 3 (20%) | 10/01/2014 | 01/01/2022 to 12/31/2022 |
Fidelis Underwriting Limited | Secure – 4 (50%) | 01/01/2022 | 01/01/2023 to 12/31/2023 |
Hamilton Re Ltd | Secure – 4 (50%) | 11/03/2016 | 01/01/2024 to 12/31/2024 |
Hannover Life Reassurance Company | Secure – 2 (10%) | 01/01/2019 | 01/01/2023 to 12/31/2023 |
Hannover Ruck SE | Secure – 2 (10%) | 10/01/2014 | 01/01/2023 to 12/31/2023 |
Hiscox Insurance Company (Bermuda) Ltd | Secure – 3 (20%) | 01/01/2017 | 01/01/2023 to 12/31/2023 |
Liberty Specialty Markets Bermuda Limited | Secure – 3 (20%) | 01/01/2020 – 12/31/2020 | 01/01/2022 to 12/31/2022 |
MS Amlin AG | Secure – 3 (20%) | 01/01/2022 | ——— |
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munchen (Munich Re) | Secure – 2 (10%) | 10/01/2014 | 01/01/2023 to 12/31/2023 |
New Reinsurance Company, Ltd. | Secure – 2 (10%) | 07/01/2019 | 01/01/2023 to 12/31/2023 |
Partner Reinsurance Europe SE | Secure – 3 (20%) | 01/01/2020 | 01/01/2024 to 12/31/2024 |
Renaissance Reinsurance Ltd. | Secure – 3 (20%) | 01/01/2019 | 01/01/2023 to 12/31/2023 |
RenaissanceRe Europe AG (fka: Tokio Millennium Re AG) |
Secure – 3 (20%) | 04/01/2015 | 01/01/2023 to 12/31/2023 |
SCOR Global Life Reinsurance Ireland Ltd. | Secure – 2 (10%) | 10/01/2014 | 01/01/2023 to 12/31/2023 |
SCOR Ireland DAC | Secure – 2 (10%) | 09/10/2020 | 01/01/2022 to 12/31/2022 |
Somers Re Ltd. (fka: Watford Re Ltd.) | Secure – 4 (50%) | 01/01/2020 – 12/31/2020 | 01/01/2021 to 12/31/2021 |
Somerset Reinsurance Ltd. | Secure – 5 (75%) | 01/01/2021 | 01/01/2023 to 12/31/2023 |
Swiss Reinsurance Company Ltd. | Secure – 2 (10%) | 01/01/2018 | 01/01/2023 to 12/31/2023 |
TransRe London Limited | Secure – 3 (20%) | 01/01/2016 | 01/01/2023 to 12/31/2023 |
Wilton Reinsurance Bermuda Limited | Secure – 3 (20%) | 01/01/2019 | 01/01/2022 to 12/31/2022 |
XL Bermuda Ltd. | Secure – 2 (10%) | 01/01/2019 | 01/01/2022 to 12/31/2022 |
Related Topics: certified, delaware department of insurance, DOI, reinsurer, reinsurers