World Cup 2019: Rain may play spoilsport for teams, but not ICC's finances

[Stuge]

A no-result because of rain washing out matches could make the difference between qualification to the semi-finals or otherwise, but the International Cricket Council (ICC), organisers of the Cricket World Cup, may not suffer much of a financial loss.

The ICC is protected by rain insurance cover, which means it will be compensated for the refunds it is required to pay to ticket holders as applicable. There’s a 100 per cent refund to ticket purchasers if less than 15 overs have been bowled in a match, and a 50 per cent refund if play has taken place between 15.1 over and 29.5 ...

 

https://www.business-standard.com/article/current-affairs/world-cup-2019-rain-may-play-spoilsport-for-teams-but-not-icc-s-finances-119061400040_1.html