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Los Angeles seeks $650M insurance for 2028 Olympics
Original: L.A. seeks $650M insurance for 2028 Olympics
Los Angeles organisers are seeking $650 million in insurance coverage for the 2028 Olympic and Paralympic Games, according to Sports Business Journal. The move highlights the scale of financial risk tied to hosting the event, protecting against potential disruptions. Details about insurers or coverage terms were not disclosed, and it is not yet clear how the policy would fit into the Games' broader budget and risk planning.
Why now: Preparations and financial planning for the 2028 LA Olympics are advancing, drawing attention to the event's cost and risk management.
Los Angeles2028 Summer Olympics
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- L.A. seeks $650M insurance for 2028 Olympics · Sports Business Journal
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