Analysis

Covid-19 pandemic exacerbates fine art insurance’s hard market conditions

By 2021-03-19T12:24:00

auction house art bidding

The art sector is heavily reliant on social contact, so the uncertainty of the coronavirus lockdowns have created added risks and challenges from pushing sales online

Despite the fine art insurance market bringing in overcapacity for more than a generation, the Covid-19 pandemic has exacerbated the hard market conditions in this sector.

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