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Axa-led consortium pulls out of underwriting World Cup

An insurance consortium led by Axa has cancelled its contract to insure the 2002 World Cup.

Axa-led consortium pulls out of underwriting World Cup

Sat, 13 Oct, 2001 - 00:37

An insurance consortium led by Axa has cancelled its contract to insure the 2002 World Cup.

FIFA president Sepp Blatter says last night they received the letter cancelling the cover for up to 944 million euros - that's £580 million.

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Courts Heathrow Place: US Place: Japan Place: Korea Person: Sepp Blatter Person: Blatter Event: World Cup Event: 2002 World Cup Organisation: Axa Organisation: FIFA Organisation: Axa-Colonia

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