Art InsuranceNews

Insurance and globalisation: an interview with Alexandre de Lisle, director at Eeckman Art & Insurance

Eeckman Art & Insurance is a brokerage and insurance firm specialized in works of art. Present in Belgium, France and Switzerland, it is recognized by the insurance companies and international art experts. Art Media Agency went to meet Swiss-French director Alexandre de Lisle. How did you arrive at Eeckman? I …

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Art InsuranceArt RiskNews

How secure is your art piece?

How secure is your art piece? Investment portfolios may fluctuate, but an investment in fine art has never been more of a calculated investment. However, protecting that asset has also become more of a challenge, despite vast improvements in security systems and techniques. A change in how we regard asset …

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Art Crime

Rodin recovered 24 years after theft

An Auguste Rodin sculpture stolen 24 years ago from Beverly Hills has been recovered. The work was recovered by the Art Recovery group when it was put up for sale at auction at Christie’s in New York. The Art Recovery Group acted for the insurer as a negotiator to reach …

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Art Crime

$8 million Basquiat smuggled into the United States returned to Brazil

On 19 June 2015, an $8 million Basquiat and a Roman statue that were illegally smuggled into the US were returned to the Brazilian government at a ceremony in New York. The works were smuggled by Edemar Cid Ferreira, a convict fraudster from São Paulo. Ferreira, the founder and former president of the Banco …

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Art Insurance

Free E-Magazine adds tips for art collectors

Chubb Personal Insurance has added a new section to its Accent by Chubb lifestyle e-magazine to provide clients and the general public with timely articles on buying, selling and protecting art, antiques, jewellery, classic cars and other collectibles. “By broadening the content available through our popular e-magazine, Chubb is now able to share …

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Art Insurance

AM Best downgrades issuer credit rating of AXA Art Insurance Company

Ratings agency AM Best has downgraded the issuer credit rating to “a” from “a+” and affirmed the financial strength (FSR) rating of A (Excellent) of AXA Art Insurance Corporation (AXA Art) (New York, NY). The outlook for these ratings has been revised to negative from stable. Concurrently, AM Best has affirmed the …

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Art Insurance

Time to get that Picasso revalued?

Christie’s record breaking sale of Picasso’s Femmes d’Algers for $179m last month raises an interesting question for collectors: should they rush to get their Picassos revalued in the light of this stellar sale, and is existing insurance adequate to cover these paintings should loss or damage occur? “You have to …

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Art Insurance

Conservation of Contemporary art: Do we care? Should we care?

“Restorers have done more damage to art in the UK than Luftwaffe.” Robert Hiscox, honorary president of Hiscox and a contemporary art collector was happy to wind up an audience largely comprised of conservators at the Royal Institution Annual Hiscox debate. Mark Lawson, a UK journalist, writer and broadcaster, also …

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Art InsuranceOpinion

Good Title?

The American Land Title Association has – in its words – been “protecting the American dream since 1907”. The association launched 54 years after the Law Property Assurance and Trust Society, the first title insurance company, was formed in Pennsylvania in 1853. Nearly all US real estate transactions involve title …

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Art Insurance

Nick Brett: my plans for AXA ART

Nick Brett, the new CEO of AXA ART Insurance’s UK operation is going to take the company to new places – both geographically and in terms of its product offering. He told Private Art Investor about his vision. Taking the helm at AXA ART is a career high for Brett. He …

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