Derivative cover for 2002 FIFA World Cup
Munich Re Capital Markets and Axa Colonia have created a new form of derivative to protect football's 2002 World Cup from the risk of earthquake in Japan.
The cover is triggered if an earthquake
The cover is triggered if an earthquake
More on Reinsurance
Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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