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Insurers lose first round of EU gender battle

MEPs in the European Parliament, have, as expected, rejected an ammendment to the Gender Equality Directive which would have allowed gender to continue to be used as a factor in underwriting decisions. Ministers from all member states will discuss the directive on 1 June at the European Council.

In a statement Norwich Union said it was disappointed by the vote in the European Parliament. It added that Norwich Union was opposed to unfair discrimination of any kind and supported the overall aim

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FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

Big Interview: Chris Knight, Financial Conduct Authority

The Financial Conduct Authority’s new director of insurance, Chris Knight, speaks exclusively to Insurance Post about premium finance, why enforcement action against firms that fail to comply with the Consumer Duty is looming plus whether the watchdog could soon scrutinise ChatGPT.

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