Published: Mon 29 Jul 2024

Olympics sponsor bought $120mn parametric pandemic cover to protect investment

A Fortune 500 firm’s captive used a parametric solution to transfer the risk that the 2024 Paris Olympics would be disrupted, postponed or cancelled by a pandemic.

Insurance

Parametric

Europe

Published: Mon 29 Jul 2024

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Olympics sponsor bought $120mn parametric pandemic cover to protect investment

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