Treasury confirms no retrospective gender-based underwriting

The European Court of Justice made a ruling on the matter earlier this year, saying it constituted a form of discrimination. In a written ministerial statement today, financial secretary Mark Hoban said: "The Government's view is that the judgment only applies to new contracts for insurance and related financial services entered into on or after 21 December 2012. "In such contracts, the use of gender as a risk factor should not result in individual differences in premiums and benefits for men and women. "However, any contracts with gender-sensitive pricing of premiums or benefits c...