Insurer scoffs at ABI gender ruling warning – Insurance News Now – 10 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories, including the refusal of specialist female insurer Shelia’s Wheels to accept the Association of British Insurers’ suggestion that it could potentially have to re-underwrite its whole book following the European Court of Justice’s gender verdict due in 1 March.
In other news, the relaunch of the UK's first Takaful insurer has hit the skids; Co-operative Insurance is aiming to sign 10 000 new pet insurance policies after entering an agreement with Allianz; DAS chief warns that a recent appeal court ruling could open the door for non-FSA approved indemnifiers; and Lloyd's insurer Chaucer has confirmed bid rumours as it emerges private equity firm Terra Firma is among the front runners for the deal.
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