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

Ten steps insurers are taking to tackle motor cover costs
Insurers announce actions to bring down costs after premiums increased 25% in 2023
Third of drivers forced to pay monthly for car insurance
Research by comparison site Money Expert has revealed a third of drivers in the UK will be considering monthly payment instalments to afford their car
Lloyds provision for FCA investigation lower than expected
Q4 profit before tax £1.8bn vs £1.7bn consensus. Q4 Net interest margin 2.98%. Unwound £541mn of loan loss impairments. £450mn provision for impact of

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


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