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.”
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.
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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.
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.”
CC: There are risks that even Lloyds won’t touch. The museum obviously put too much faith in their loss prevention efforts.
Inside job like so many others have been?
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.