Gd ad for buying insurance

In Financial competency, Insurance on 04/07/2021 at 1:18 pm

The organisers of Wimbledon, the All England Lawn Tennis & Croquet Club, revealed they had been paying pandemic insurance since the 2003 Sars outbreak. Insurance had cost £26m over 17 years, but last year, paid out a £174m payout when the tournament had to be cancelled.

AELTC’s revenue totalled £295.7m in 2019 but fell to £4.9m last year. The insurance payout meant it only suffered a loss of a few million £.


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