Insurers still uncertain about Gender Discrimination rules

Insurance industry dispute resolution law practice Clyde & Co believes there is a risk insurance contracts could unravel if insurance companies interpret the ruling in the wrong way. Gerry Quirk, a partner at Clyde & Co, explained: "The uncertainty lies in what should be considered a ‘new' contract. "The European Commission and HM Treasury are currently providing conflicting guidance around this." The EC has issued guidelines stating that a new contract includes any amendment to the terms or conditions of an existing contract as well as a renewal of a contract; but that a tacit ren...