06/06/2023
Tuesday Insurance Trivia
Which major sporting event was cancelled for the first time ever in 2020, leading to a payout of over $140 million in event cancellation insurance?
The Super Bowl
The World Series
Wimbledon
The NBA finals
The Stanley Cup
Answer: Wimbledon
Wimbledon had been paying $2 million a year for pandemic insurance for the last 17 years. In 2020, that foresight paid off to the tune of $141 million.