General Insurance Article - ABI response to Mark Hoban statement on Euro gender ruling


 Otto Thoresen, Director General, Association of British Insurers said:

 "This welcome clarification from the Government is good news for the millions of pensioners who could have been affected if these rules had to be applied retrospectively. The decision by the European Court to ban gender in the use of insurance pricing was disappointing as it could have an impact on our customers. Insurers are working hard to mitigate any effects and today's confirmation that the new rules will only apply to policies taken out from 21 December 2012 will certainly help."

Back to Index


Similar News to this Story

What drivers crashed into during 2025
AA Accident Assist helped 67,000 drivers following a crash this year. Parked cars, kerbs and car doors feature in the top five things drivers have hit
Reinsurers grow capital following strong returns
Expanded reinsurance capacity available at January 1, 2026, resulted in accelerated softening of pricing across many lines, according to a report issu
Home insurers set for profit in 2025 losses likely in 2026
UK home insurers are set to finish 2025 with a slight profit, delivering a Net Combined Ratio (NCR) of 98%. Yet home insurers are expected to swing to

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.