Reported 2 months ago
Insurers are expected to face significant claims totaling millions after three of Taylor Swift's concerts were canceled in Vienna due to a foiled terrorist threat. Approximately 195,000 fans were set to attend the events, with many traveling from abroad. While Swift rarely cancels performances, this incident may lead to heightened scrutiny of event cancellation policies, especially regarding terrorism. Industry experts suggest that the overall financial impact might be mitigated by potential rescheduling of the concerts.
Source: YAHOO