Gender Directive

The European Court of Justice (ECJ) has ruled that Article 5(2) of the Gender Directive 2004/113/EC breaches European Union gender discrimination laws. Article 5(2) currently permits individual member states to differentiate between men and women when pricing insurance where statistical evidence shows gender is a determining risk factor. The ECJ has ruled that this derogation is invalid from 21st December 2012.

This will have fundamental implications for the insurance industry, the pensions industry and consumers – and the Society will need to consider the implications for certain of its ASPs. 

At this meeting, Dermot Corry will examine the implications from a life assurance perspective, Ger Bradley will speak about non-life issues arising and Keith Burns will consider the implications for pension schemes.  Dermot, Ger and Keith chair the Society’s Life, General Insurance and Pensions Committees respectively.

To access podcast please contact the Society: info@actuaries.ie