FRANKFURT/MUNICH — German reinsurance group Munich Re will no longer insure against events canceled due to pandemics, a board member said on Tuesday. The world’s largest resinsurer is making the change after it faced large losses this year in the …
Continued Zika virus warnings may dampen summer sporting events, such as the Summer Olympics which is set to be hosted by Rio de Janeiro in August, as insurers weigh the risk of insuring such events in the midst of another …
Leaders of Boston’s bid for the 2024 Summer Olympics released details Thursday about insurance proposals they say will provide unprecedented coverage for Massachusetts taxpayers. The Boston 2024 bid committee released a document that described at least eight types of insurance …
The New York Road Runners — a non-profit community running group and the organizer of the annual New York City Marathon — could get millions of dollars in insurance proceeds thanks to its event cancellation coverage. The New York Road …
One hundred days to go before the 2012 Olympic Games open in London. As that day moves closer, preparations, which have been going on for some time, speed up. Today’s ceremony in a rainy Kew Gardens, presided over by Committee …