LONDON (AP) — International sports federations will be insured for up to $100 million in the event the 2012 London Olympics are canceled because of war or terrorism.
Andrew Ryan, director of the Association of Summer Olympic International Federations, says the 26 sports on the Olympic program will pay in into the policy.
The ASOIF insurance is part of the overall cancellation policy taken out by the International Olympic Committee for London, a practice followed for all summer and winter games. The overall figure has not been announced.
Speaking at the ASOIF general assembly, Ryan says 11 sports federations still need to notify the association how much they want to contribute.
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