Activists aggravate art insurers' climate headache | Business

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Climate activists' attacks on some of the world's most precious paintings have added to insurers' worries about the threat to art from climate change itself, concerns seen as leading to higher art insurance premiums. | News24_Business

The risk of climate change to artworks will likely drive insurance premiums, according to insurers and brokers.

The Leopold Museum has said the Klimt was not damaged, but did not respond to a request for further comment. "What we worry about is if it spreads to other protest groups who are less genteel and will take a less caring attitude." The art insurance market globally earns around $750 million in premiums. Premium rates rose by around 5% in 2020 and 2021 and remained steady this year but insurers expect them to rise.Losses and levels of insurance availability tend to dictate insurance premiums.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 4. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

_Business Climate activists or criminals...

_Business Climate change itself is not the threat, mental instability and illness is the threat....

_Business Why are they doing this? The paint is causing air pollution? I don't get it... (and lazy to click the link tbh lol)

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