Germany’s Green Vault Museum Finds It’s Uninsured for $1 Billion Theft of Jewels

By | November 27, 2019

  • November 27, 2019 at 3:10 pm
    CC says:
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    That is one heck of a heist. Hopefully the museum fires their risk manager or whoever was in charge of obtaining insurance.

    • December 2, 2019 at 2:19 pm
      Christy says:
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      Did you not read the article? They do not insure valuables because the premiums typically exceed potential damages in the long term & “While public museums usually insure works of art that are loaned to other institutions, they often don’t take out policies on their permanent collections, according to Julia Ries, head of fine art and jewelry at insurer Ergo Group AG.”

  • November 30, 2019 at 8:52 am
    retired risk manager says:
    Well-loved. Like or Dislike:
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    CC: There are risks that even Lloyds won’t touch. The museum obviously put too much faith in their loss prevention efforts.

    • December 2, 2019 at 12:38 pm
      Common Sense says:
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      Inside job like so many others have been?

      • December 2, 2019 at 4:29 pm
        Boomers? says:
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        Mike,

        has there been any proof of this, or are you just spewing a conspiracy theory. Also for your information, conspiracy theories to have negative consequences.

        Go back to Agent, Mike.



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