This year’s Olympic Games cancellation cover will be spread across the insurance industry, involving Lloyd’s, Swiss Re, Munich Re and AIG, according to industry sources.
A leading broker said these insurers had provided the majority of the cover for the International Olympic Committee (IOC).
The games in Athens will be secured by cover worth $170m against cancellation of the event due to terrorist attacks or natural catastrophes.
The cover applies to the IOC itself as well as its national subsidiaries but does not cover the Athens organising committee (Athoc) or sponsors associated with the event.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
