Trends from the Insurance Investment Outsourcing Report
Insurers and Insurance Asset Managers: evaluate emerging trends, benchmark your strategy against the market, and find managers who specialize in insurance asset management.
Clearwater Analytics has partnered with DCS Financial once again to produce the 2026 Insurance Asset Management Trends report — drawn from 10 years of the Insurance Investment Outsourcing Report (IIOR) and produced this year with Institutional Investor as engagement partner. Built on year-end 2025 data from a record $5.5 trillion in unaffiliated general account AUM across 96 specialist managers and 12 consultants, the report identifies the trends reshaping how insurers invest.
Download the report to access:
- Over 20 analytical charts with detailed analysis
- The continued surge in private markets, with private fixed income up 141% since 2021, now the second-largest asset category
- A more global market, with Europe/UK allocations more than doubling since 2021 to $2.1 trillion, alongside growth in every region
- Aggregated data on asset allocations, regional flows, client profiles by type and size, and insurer-specific services