Delaware Life files Q3 with no further restatement of any prior period

The first correction took affiliated investments from 3% of the book to 42% at year-end 2025, on AM Best's own description. That's a 12x revision on a disclosure category, and it surfaced through a federal review rather than through the company's controls catching it. This call asks the question the other three filings calls depend on: was the restatement the floor, or the first one. A second correction would say the remediation is still finding the problem, and it would make the $13.0B call unscoreable, because you can't measure a line against a book that keeps being rewritten. AM Best named the reason it's a live question. The July 31 release cites "internal control weaknesses in financial reporting related to the affiliated investment reclassification," and separately notes the review by the U.S. Attorney's Office for the Southern District of New York and the SEC, focused on affiliated and related-party disclosures. 70% is where a company under this kind of review usually lands after overcorrecting on the first pass. It isn't 85%, because the first pass missed by 12x, and a control environment that produced that once hasn't yet shown it won't again. There is no reference class behind 70%.