1 of 1
Story summary
- Mark Walter is pulling $6.5 billion of loans from his insurers after a Justice Department probe.
- Federal subpoenas in February 2026, after a whistleblower tip, forced Delaware Life to restate exposure at over $17 billion, about 40% of assets.
- TWG Global will buy the $6.5 billion of assets from Delaware Life in exchange for unaffiliated assets.
- S&P, AM Best and Fitch moved their outlook on Walter’s insurers to negative.
