ABI publishes gender data for risk pricing

The tables, devised in collaboration with the Continuous Mortality Investigation (CMI), illustrate the differences in claims patterns for males and females for life and protection insurance, as well as other products. In April, the EU Gender Directive was made into English law through the Sex Discrimination Regulations, allowing insurance companies to use gender differences when pricing their policies. An ABI spokesman says: “The insurance industry is against unfair discrimination of any kind, and does not practice it. “But it is legitimate for companies to set prices, levels of cover an...