Insurance "World Cup" forbidden by the authorities

The insurance regulatory commission (CIRC) did interrupt the distribution of insurance "World Cup" covering the insured against the defeat of teams of his choice.

The CIRC stated that the sale of insurance products based on gambling or chance is prohibited, exhorting by the way the companies to create products in compliance with the national Insurance Code.

As a reminder, the regulator had already intervened in this way at the launch of smog insurance earlier in the year.