Clearwater survey: APAC insurers target one-third of assets in private markets in five years

• Clearwater Analytics survey shows APAC insurers expect private market allocations to rise to 33% of portfolios in five years from 20% now.
• Respondents managing $3.8 trillion flagged legacy technology constraints, with 93% saying current systems already limit business.
• Only 23% reported confidence in handling private-asset complexity, while 42% rated data integration as excellent.
• Regulatory reporting emerged as top driver of technology spending, though fewer than half rated compliance reporting systems as excellent.
• Insurers also anticipate consolidation, with 96% expecting domestic M&A activity to increase over next three years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clearwater Analytics Holdings Inc. published the original content used to generate this news brief on April 21, 2026, and is solely responsible for the information contained therein.