Insurance Post

CEA “deeply disappointed” by ECJ gender-ruling

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The CEA, the European insurance and reinsurance federation, is deeply disappointed by today’s judgement by the European Court of Justice (ECJ) that the provision enabling EU insurers to use actuarial and statistical factors based on sex in their risk assessment is invalid from 21 December 2012.

CEA director general Michaela Koller said: "The decision of the judges not to recognise that gender is a legitimate factor in insurance pricing and that insurance pricing is based on a fair risk

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