Reinsurers face up to $400m bill for spectator free Tokyo Olympics
Reinsurers will see up to a $400m claims hit from a spectator free Tokyo Olympic Games, ratings agency Fitch has calculated.
Japan’s decision to bar spectators from the Tokyo Olympics is likely to cost the global reinsurance sector $300m to $400m (£216m to £288m), Fitch has set out, while a bill for cancelling the games
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