Delaware Code Title 18. Insurance Code § 1128. Valuation of other securities

(a) Securities, other than those referred to in § 1127 of this title, held by an insurer shall be valued, in the discretion of the Commissioner, at their market value, or at their appraised value, or at prices determined by the Commissioner as representing their fair market value.

(b) Preferred or guaranteed stocks or shares while paying full dividends may be carried at a fixed value in lieu of market value, at the discretion of the Commissioner and in accordance with such method of computation as he or she may approve.

(c) Notwithstanding any other provision of this section, securities shall be valued at prices established by the National Association of Insurance Commissioners' Capital Markets and Investment Analysis Office and in accordance with procedures established by the National Association of Insurance Commissioners.