A version of this story appeared in the May 25 edition of CNN's Coronavirus: Fact vs. Fiction newsletter. "I won't die a boring death, but I will make a big smash. Q: What could happen if the Tokyo Olympics get canceled? According to a Reuters report from January, insurers are facing a $2-3 billion loss if the Olympics are canceled, amounting to the largest ever claim in the global event cancellation market. Arguably, it would be the athletes who stand to miss out most from a canceled Olympics.
Source: CNN May 25, 2021 11:48 UTC