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Insurers could have to pay out millions of pounds in claims after a foiled terror attack forced the cancellation of three Taylor Swift concerts in Austria.
Some 195,000 fans were expected to attend the concerts in Vienna this week.
But the organisers had to cancel the concerts after a planned attack at the Ernst Happel Stadium.
Cancelled: Around 195,000 fans were expected to attend Taylor Swift’s concerts in Vienna
Concert organizer Barracuda Music said all tickets would be refunded within ten days.
Marcos Alvarez of Morningstar DBRS said losses could reach tens of millions of pounds.
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