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DTH News : ESPN Star Sports takes Rs 6 bn insurance cover for World Cup
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MUMBAI: Reinsurance company General Insurance Corporation of India (GIC) will provide a Rs 6 billion terror and weather insurance cover for the Cricket World Cup to ESPN Star Sports (ESS).

The company has finalised on providing Rs 6 billion terror and weather insurance cover for the Cup to ESS on Rs 90 million premium. This is three times more than the Rs 2 billion cover for the Commonwealth Games in Delhi.

The insurance cover will compensate for any broadcasting loss arising from cancellation due to adverse weather conditions and terror attacks.

However, GIC is still working on the modalities of providing insurance coverage to the World Cup event with the BCCI.

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