Leading Indian life insurer to implement Aon’s modelling platform PathWise

3 February 2026

ICICI Prudential Life Insurance has partnered with Aon to implement the PathWise modelling platform across its actuarial operations. The GPU-enabled solution will streamline model development, improve run times, and enhance consistency for regulatory reporting under IRBCF and IFRS 17 (Ind-AS). The platform is expected to boost efficiency, transparency, and controls, allowing the insurer to focus on strategic priorities in India’s growing life insurance market. Both companies plan to expand PathWise usage progressively across ICICI Prudential’s full business portfolio.

Pembridge Life introduces webuylifepolicy.com marketplace

3 February  2026

Pembridge Life has launched webuylifepolicy.com, a digital platform creating a secondary market for term life insurance policies in the UK. The platform allows policyholders to sell policies that might otherwise lapse, providing cash value and offering brokers a Consumer Duty-friendly alternative to cancellations. This initiative introduces life settlements to the UK, a practice already well-established in the U.S. The experienced leadership team aims to ensure a smooth, compliant process for insurers, intermediaries, and policyholders. The platform transforms unused policies into financial assets rather than zero-value lapses.

Only 18% of adults living alone have life insurance

2 February 2026

Research by Yorkshire Building Society shows that adults living alone are much less likely to have life insurance, with only 18% covered, compared to 50% of parents with children and 38% of those living with a spouse. Single adults are more likely to have home insurance (55%), but still less than partnered households. YBS warns that living alone may increase vulnerability to financial shocks, such as serious illness, due to lower protection levels. The trend highlights a potential gap in coverage for the growing number of one-person households, expected to rise by 20%.

Deutsche Bank and DWS explore investment in life insurer Frankfurter Leben

30 January 2026

Deutsche Bank and its asset manager DWS are considering taking a significant minority stake in Frankfurter Leben, marking the bank’s potential return to life insurance after exiting the sector about ten years ago. Frankfurter Leben manages around 700,000 policies and €13bn in assets. The investment could support acquisitions and the launch of new life insurance products, with potential targets including Zurich Insurance’s German life business and other portfolios. Discussions are still preliminary, and no deal has been confirmed. This move reflects DWS’s ongoing interest in expanding into life insurance and associated asset management.