Delaware Department of Insurance

Entity type image
Type: Organization
Name: Delaware Department of Insurance
First reported Jan 31 2013 - Updated Jan 31 2013 - 1 reports

Tax-News.com: Delaware Captive Industry Rising To Prominence

Delaware hopes to be recognized as the United States's third largest US captive domicile after figures for 2012 showed that the state's fledgling captive insurance sector achieved record growth during the course of last year.The Delaware Department of ... [Published Tax-News.com - Jan 31 2013]

Quotes

Delaware Captive Director, Steve Kinion, stated: "This level of growth is unprecedented in the captive insurance world. Considering that when the captive bureau was formed in July 2009 there were only 38 captive insurers, we have achieved a 558% growth rate in terms of licensing captive companies, and a 1,500% growth rate in total licensing of captive entities."
Tax-News.com: Delaware Captive Industry Rising To Prominence [Published Tax-News.com - Jan 31 2013]

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