Who will win the World Cup? JLT Specialty shares its study

If you’re wondering who’s likely to win World Cup 2018, then this study from insurance broker JLT Specialty has interesting insights for you.

Citing new research from JLT, Actuarial Post reported the odds – Brazil, with a 17.89% chance to bag World Cup victory, leads the way, followed by Germany, Spain, France, and Argentina.

According to the report, the risk management firm calculated each club’s probability of winning using the average odds of 25 betting houses. In addition, JLT’s study also examined ‘player value’ – France, with £967 million in estimated market value, is considered to have the most valuable squad.

“Despite humiliation four years ago Brazil have bounced back and are now in a great position to walk away from Russia as champions,” Duncan Fraser, head of sport at JLT Specialty, was quoted as saying. “Whether they can replicate their pre-tournament form remains to be seen, and they will be up against stiff competition from the many European teams looking to cause an upset, including reigning champions Germany.

“Our analysis found that the value of players does not necessarily correlate with how likely a team is to win the tournament. Whoever lifts the trophy in July will need a combination of factors to go right for them, including form, fitness, and luck.”

source: Insurance Business Mag online