Delaware Life Insurance Company's 2025 balance sheet took on a startling new shape when the insurer corrected its annual filing: roughly $17 billion of investments were classified as related-party holdings, about 39% of invested assets, versus roughly $1. 4 billion and 3% in the earlier version. ...
Source: [CryptoSlate](https://cryptoslate.com/the-next-shadow-banking-problem-may-come-from-insurance-companies-where-nobody-was-looking-for-a-bank-run/)