World Cup insured for £6.2bn, says Lloyd's
The most watched sporting event in the world, the football World Cup, will be insured to the tune of an estimated £6.2bn when it kicks off in less than a week according to Lloyd’s.
Lloyd's explained that the eyes of the world are on every game and with so much at stake, FIFA, broadcasters, the teams and the many other organisations with a financial interest take out insurance cover to protect against cancellation or other interruption.
A player at the height of their career and playing in one of the top leagues for their country could be insured for £50m, according to Peter Thompson, underwriter at Beazley.
Assuming there are no pre-existing conditions, £40m of this
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