Japan Gambles on Successful Tokyo Olympics Amid Pandemic

The transcript discusses the impact of the Olympic postponement on athletes and insurance companies. Athletes face career challenges due to extended training, while insurers face significant financial losses. The risks of holding the Olympics amid the pandemic are considered, with vaccination and capacity limits as mitigation strategies. Japan's state of emergency has reduced infections but harmed the economy, with low vaccination rates posing additional challenges.

What are the two main groups affected by the postponement of the Olympics?

• Local businesses and tourists

• Spectators and officials

• Broadcasters and sponsors

• Athletes and insurance companies

How much is the estimated financial loss for insurers due to the Olympic cancellation?

• $1 billion to $2 billion

• $2 billion to $3 billion

• $3 billion to $4 billion

• $4 billion to $5 billion

What is one of the measures mentioned to mitigate risks if the Olympics proceed?

• Full capacity in stadiums

• No foreign spectators

• No vaccination requirements

• Unlimited travel within Japan

What has been the impact of the state of emergency in Japan on infection numbers?

• Increased infection numbers

• No change in infection numbers

• Reduced infection numbers

• Fluctuating infection numbers

What percentage of the elderly population in Japan has been fully vaccinated?

• 25%

• 50%

• Less than 1%

• 10%