Society issues press release on Gender Directive ruling

The European Court of Justice (ECJ) has today 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.  

The Society of Actuaries in Ireland has commented in a press release that the ruling will have profound implications for the insurance industry, the pensions industry and Irish consumers.

Read the Society’s press release 

Read the ECJ Judgment

Read the ECJ press release