APAC Insurers Shift $3.8T to Private Markets, but Tech Lags — Clearwater Analytics Holdings, Inc.

Event summary

150 APAC insurance executives plan to allocate 32% of $3.8T AUM to private markets by 2031, up from 20% today.
93% acknowledge legacy tech is constraining their private market ambitions.
Only 23% of firms are confident their systems can handle asset complexity.
96% expect a rise in domestic M&A activity over the next three years.

The big picture

APAC insurers are aggressively shifting assets to private markets, but their legacy systems are ill-equipped to handle the complexity. This capability gap could determine who leads the next phase of growth and who gets acquired. The region's $3.8T in insurance assets is at stake, with operational infrastructure becoming a key competitive differentiator.

What we're watching

Infrastructure Race: How quickly APAC insurers can upgrade their systems to handle private market complexity.
M&A Consolidation: Whether operational capability will determine winners and losers in the coming consolidation wave.
AI Adoption: The pace at which insurers integrate AI and machine learning to bridge the technology gap.