AA Insurance expresses concern on potential impact of Equalities Bill

AA Insurance has expressed concern about the potential impact on buyers of car insurance, if the Equalities Bill, due during the 2009/2010 session of parliament, extends to the sale of insurance.

Age is one of several factors, which also includes sex, that affect risk and enables the insurance industry to tailor products precisely and fairly to the individuals concerned and was the topic of a report published by the Association of British Insurers.

Simon Douglas, director of AA Insurance, says: "An unintended consequence of applying age equality to car insurance will be a be reduction in premiums for a few at each end of the age range but an increase for the majority.

"There is a

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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