Insurance, non insurance and state indemnity

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Insurance, Non Insurance/shared liability & State Indemnity ,[object Object],[object Object],[object Object],[object Object]

Flabbergasted…. Object 1. Object 2. Object 3. Object 4. Object 5. Curator € 350,000 € 1,000,000 € 2,200,000 € 200,000 € 12,000,000 Auctioneer A. € 50,000 € 500,000 € 800,000 € 200,000 € 25,000000 Auctioneer B. € 500,000 € 500,000 € 700,000 € 1,000,000 € 15,000,000

Value of Objects ,[object Object],[object Object]

Top Collection: 400,000 visitors a year € 425,000 insurance premium in 2009

Non Insurance ,[object Object],[object Object]

Possibilities to reduce costs of insurance premiums ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Content of Insurance Covers 25% Incl. TERRORISM 35% TRANSPORT RETURN 25% Incl. TERRORISM 35% STAY 25% Incl. TERRORISM 35% TRANSPORT THEFT TOTAL LOSS DEPRECIATION DAMAGE

Insuring depreciation ,[object Object],[object Object],[object Object],[object Object],[object Object]

Insuring against Terrorism and War ,[object Object],[object Object],[object Object],[object Object]

Insurance Premium ,[object Object],[object Object],[object Object],[object Object],[object Object]

The value of objects ,[object Object],[object Object],Nude Green Leaves, and Blust : Picasso € 81,000,000 Reaction of a curator: “our” Picasso has more quality, the market price is higher than it was last week, also the new value is going up with € 20,000,000 .

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State Indemnity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Conclusions ,[object Object],[object Object],[object Object],[object Object]

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Insurance, non insurance and state indemnity

2. Flabbergasted…. Object 1. Object 2. Object 3. Object 4. Object 5. Curator € 350,000 € 1,000,000 € 2,200,000 € 200,000 € 12,000,000 Auctioneer A. € 50,000 € 500,000 € 800,000 € 200,000 € 25,000000 Auctioneer B. € 500,000 € 500,000 € 700,000 € 1,000,000 € 15,000,000

4. Gemeentemuseum The Hague

5. Top Collection: 400,000 visitors a year € 425,000 insurance premium in 2009

8. Content of Insurance Covers 25% Incl. TERRORISM 35% TRANSPORT RETURN 25% Incl. TERRORISM 35% STAY 25% Incl. TERRORISM 35% TRANSPORT THEFT TOTAL LOSS DEPRECIATION DAMAGE

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