The European Commission is to consider draft rules to end differing treatment for men and women when looking for insurance, announced a report.
The insurance industry opposes the move, fearing that men would see an increase in premiums for life assurance and women would be forced to pay higher motor premiums.
According to the report, the industry said ending the use of gender to define risk in setting premiums would result in an overall price hike as the sector sought to minimise losses.
