Del. Code 18, § 6901 : Insurance Code — Captive Insurance Companies — General Provisions — Finding; purpose Date: 2 Sep 2016 TEXT PDF Current through 2016 Legislative Session, Act 399 (a) It is determined and declared as a matter of legislative finding that captive insurance companies can serve a valuable risk management function, and that their responsible utilization and the growth of the captive insurance industry in the State of Delaware are in the best interests of this State. (b) It is further determined and declared that the purpose and policy of this chapter shall be: (1) To provide for the regulation of captive insurance companies consistent with their nature and purpose; (2) To provide flexibility and opportunity to captive insurance companies and to persons utilizing them; and (3) To foster economic development in this State through the growth of the captive insurance industry. Del. C. § 6901 75 Del. Laws, c. 150, § 1.;