Cryptic crossword clue
Rich lass distraught about unknown insect developing 9

The most common and most likely answer to this crossword clue is the 9 letter word CHRYSALIS

I've seen this crossword clue in Financial Times
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Buddy explains!

The straight part
We know that "insect developing" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case insect developing = chrysalis.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does CHRYSALIS mean?

CHRYSALIS noun
  1. The pupa of a butterfly or moth, enclosed inside a cocoon, in which metamorphosis takes place.
  2. The cocoon itself.
  3. A strong constraint; shackles.

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