Can insurance predict a winner?

Lloyd’s of London has predicted that, based on insurable value, Germany has the most expensive team and therefore is likely to be crowned the winner of the World Cup.

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Lloyd’s of London has predicted that, based on insurable value, Germany has the most expensive team and therefore is likely to be crowned the winner of the World Cup.

Lloyd’s has released research with Cebr that ranks each team in the FIFA World Cup based on the collective insurable value of that country’s players. The total collective value is estimated at $11.4 billion.

Based on the figures, Germany, Spain, England and Brazil – in that order – have the four most expensive teams in terms of insurable value and are likely to take the top four places. Taking the groups into account, Lloyd’s had predicted a Germany v Spain final.

However, that reasoning was proven suspect when Chile decisively knocked Spain out of contention on Wednesday with a 2-0 victory, following up on the Netherlands sinking the Spanish Armada a week ago 5-1. And as for England? a loss to Uruguay yesterday has all but sealed their fate.

And consider bottom-of-the-table Costa Rica, with an insurable value of $33.5 million. They upset favoured Uruguay in their opening match, playing Italy in the first fixture today.

But there may still be some merit to the Lloyd’s scale, as Australia’s total insurance valuable comes in at 24th place at $121.9 million, with the ‘socceroos’ being sent home packing after two losses.

Its research also shows Group G is the toughest group – with a combined insurable value of $2.2 billion and Group C is the easiest group – with a combined insurable value of $626.8 million.


  Insurance Business Canada

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