Insurance asset managers are dramatically increasing their allocations to private markets. Data from 101 insurance asset managers and consultants, representing US$4.5 trillion in unaffiliated general account insurance assets under management ( AUM ), shows that 21% of their assets held in these accounts are invested in private markets, a new report says. That compares with 15% in 2022, 9% in 2020, and 7% in 2015.

Clearwater Analytics has partnered with Danish pension provider Norli Liv & Pension. Clearwater will provide a view of all in-house and outsourced chief investment officer-managed holdings across its public and private asset classes. The platform will also support regulatory compliance through automated workflows and reporting. Through the collaboration, Norli Liv & Pension hopes to eliminate multiple legacy platforms, reduce manual work, and accelerate its monthly close.

Clearwater Analytics , the most comprehensive technology platform for investment management, today announced that Danish pension provider, Norli Liv & Pension, part of the Norli group, has partnered with Clearwater to modernize its investment accounting, reporting and compliance operations. Clearwater will provide Norli with a single, consolidated view of all in-house and outsourced chief investment officer (OCIO) managed holdings across its public and private asset classes—enhancing investment transparency and empowering better, faster decision-making. The platform will also support regulatory compliance through automated workflows and robust, audit-ready reporting.

The NAIC is modernizing its Risk-Based Capital framework, demanding that insurance CIOs adapt to principles-based rules, new asset classifications, and increased transparency, writes Sabrina Wilson, Global Regulatory Policy Expert, Clearwater Analytics. As global and digital investment strategies evolve, insurers must upgrade data systems and engage in shaping standards that will define capital adequacy and risk management in the years ahead, Ms. Wilson explains.

Sandeep Sahai, CEO of Clearwater Analytics (CWAN), explains what the SAAS fintech company does and reviews their recent earnings and acquisitions. He discusses the breadth of Clearwater’s data gathering and why he made the recent acquisition of Beacon Platform. He emphasizes the need for knowledge to understand a global portfolio, calling it “existential,” particularly as alternative assets become more popular.

A look at the past month’s people moves in the tech and data space, including Tim Lipscomb, who has been promoted to executive vice president and CTO at CBOE.

Private letter ratings for investments more than doubled to 8,200 filings last year, reflecting rising demand for private credit, according to insurance regulators.