Lloyd’s correctly predicts World Cup result for second time
Specialist re/insurance market Lloyd’s has correctly predicted that France would win the 2018 FIFA World Cup based on insurable value.
France beat Croatia 4-2 in Moscow on Sunday, July 15 to become world champions for the second time in their history.
Back in June Lloyd’s had sent out a statement predicting that France would will win the World Cup.
Lloyd’s had based its prediction on research conducted in collaboration with the Centre for Economic and Business Research (Cebr), which estimated the collective value of all teams in this year’s tournament at £13.1 billion.
France’s insured team value was the highest among the most expensive teams in terms of insurable value at £1.4 billion, followed by England (£1.17 billion) and Brazil (£1.1 billion).
It is the second consecutive time that Lloyd’s predicts the World Cup winner. In 2014, similar analysis was undertaken by Lloyd’s and Cebr ahead of the 2014 FIFA World Cup which correctly predicted that Germany would be victorious.
Cebr used players’ wages and endorsement incomes, alongside a collection of additional indicators, to construct an economic model which estimates players’ incomes until retirement.
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