Insurers shouldn’t be allowed to take people’s gender into consideration when calculating premiums, the European Union’s highest court said…Many European insurers calculate premiums according to the risk associated with an individual. The present system “works against the achievement of the objective of equal treatment between men and women and must be considered to be invalid upon the expiry of an appropriate transitional period,” the EU Court of Justice… ruled…[European insurers] charge women more for annuity coverage and less for mortality insurance, as a result of their longer average life expectancy. Today’s decision will prevent them from continuing to do so.