Printed from BusinessInsurance.com

IOC seeks compensation for Olympics postponement

Posted On: Jun. 10, 2020 6:01 AM CST

Olympics

The International Olympic Committee is in talks with insurers about compensation following the postponement of the Tokyo Olympics due to the coronavirus pandemic, Asia Insurance Review reports citing the Associated Press. While the IOC pays for insurance against the cancellation of an Olympics event, it is unclear if its policy covers the one-year postponement brought about by the pandemic.

Read more.