Delaware Administrative Code
Title 18 - Insurance
1000 - Reinsurance
1001 - Life Reinsurance Agreements [Formerly Regulation 69]
Section 1001-5.0 - Written Agreements

5.1 No reinsurance agreement or amendment to any agreement may be used to reduce any liability or to establish any asset in any financial statement filed with the Department, unless the agreement, amendment or a letter of intent has been duly executed by both parties no later than the "as of date" of the financial statement.

5.2 In the case of a letter of intent, a reinsurance agreement or an amendment to a reinsurance agreement must be executed within a reasonable period of time, not exceeding ninety (90) days from the execution date of the letter of intent, in order for credit to be granted for the reinsurance ceded.