Fifa’s stadiums and training grounds covered for £3.2bn
Lloyd’s has insured the 2010 Fifa World Cup in South Africa for more than £6.2bn, the BBC reports.
Stadiums and training venues for the World Cup matches are covered to the tune of £3.2bn, underwriters say.
Other businesses add another £3bn. "Competitions, offers, prizes, sponsorship, broadcast rights - it's impossible to know how many there are, but all companies with these financial implications need coverage," said Chris Nash, active underwriter at Sportscover.
"If the opening ceremony is delayed, that will affect the broadcasters, because they've got their advertising slots in place," she said. "Similarly, if the final has to be delayed for whatever reason, people might want money back for their tickets."
Peter Thompson at Beazley, told the BBC insurance against sports disability for a top footballer at the height of his career could go as high as £40m.
