Insurance Investment Outsourcing Report

Clearwater Analytics is proud to partner with the Insurance Asset Outsourcing Exchange to provide the eighth annual Insurance Investment Outsourcing Report – 2021 Edition, a compendium of insurance-focused investment management firms.

The eighth annual Insurance Investment Outsourcing Report – 2021 Edition is a valuable and up-to-date resource for the industry. Featured are investment strategies for insurers, profiles of clients served (by region, business lines, company size), and insurance AUM in specific strategies. Download the full report or browse through individual profiles below to learn more.


Asset Manager Rankings

Definition of Terms

  • General Account (GA) assets fund the liabilities underwritten by the insurer and are available to pay claims and benefits to which insureds or policyholders are entitled. General account assets exclude assets held in separate accounts for variable annuity and unit-linked investments as well as pension fund assets.

  • Non-Affiliated General Account Assets. This category reports the General Account assets each investment firm manages for insurance companies that are not owned in whole or in part by their investment firm, its affiliates or parent company.

  • Affiliated General Account Assets. This category reports the General Account assets of the investment firm's client organizations that are owned in whole or part by the investment firm, its affiliates or parent company.

  • Offshore. Assets domiciled in locations commonly referred to as "offshore" including Bermuda, Cayman Islands, Isle of Man, etc.

  • APAC. Asia/Pacific/Japan domiciled insurance companies

  • Other regions. South and Central America, Middle East, Africa, Other domiciled insurance companies


* These managers support the Insurance Asset Exchange's work. Please see the full report for more information on each of them.

The publisher reserves all property rights to this report. This report and contents may not be reproduced or distributed without our written authorization. Copyright 2021, Eager, Davis & Holmes LLC