The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations, industry sources say. Olympic Games, top events …
BERLIN— The Tokyo Olympics will top the agenda when the International Olympic Committee’s executive board meets on Wednesday – but with the board firmly backing the event, any talk of scrapping it altogether due to the COVID-19 pandemic is highly …
TOKYO – The cost of the postponement for the Tokyo Olympics could reach about $2.8 billion, according to figures released Friday [Dec. 4] by the Tokyo organizing committee, the Tokyo city government and Japan’s national government. The numbers are in …
Delaying the Olympics is likely to cost insurers much less than canceling the Tokyo Games altogether, with a chance that some of those involved may not have policies specifically covering a postponement, industry sources say. The Tokyo Olympics were postponed …
The International Olympic Committee remains committed to holding the Tokyo Olympics this year and is confident steps taken around the world will help contain the novel coronavirus, but the group is now talking in more cautious terms about the potential …
Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars. Japan has more than 200 cases of …
The International Olympic Committee (IOC) says insurance company Allianz signed as a worldwide sponsor from 2021 through the 2028 Los Angeles Olympics. The value of the deal, which includes becoming a partner of the Paralympics, was not given. The IOC …
Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to take place in less than three months, a handful of medical experts are calling for the games to be postponed …
Denver is forming a committee that will look into making a bid for the 2022 Winter Games. The committee will present findings to Gov. John Hickenlooper and Mayor Michael Hancock, who said Friday the idea of a bid is worth …
