If they were insured I bet those guards that were “threatened” would have been armed.
caeppers on
Paywall. First guess would be that this is completely normal and it’s just a clickbait headline?
TywinDeVillena on
It is not unusual that pieces that belong to a state’s museum are not insured; as they say, the State itself is the insurance. They do insure pieces when they loan them out to other museums, with the insurance covering the piece “from nail to nail”, which is to say from the moment is taken off the wall to the moment it is back on the original wall.
ScandinavianMan9 on
Very common that a state is self-insurer.
Sfarcolacul987 on
I really think the French is just a joke at this point no arm security no cameras what the hell
kahaveli on
Yeah for a state or a large corporation, it doesn’t generally really make sense to insure anything.
The idea of insurance is to collectively share risks for rare, but consequential events. I could insure my coffee cup, but it really wouldn’t make sense, because I can just buy a new one; I would be paying premium for a thing that I could pay for myself. But I insure my house, because if it burns down, it can destroy my personal finances for the rest of my life. Now the risk of individual house burning down is shared collectively.
At least in Finland state doesn’t insure anything. Not buildings, not their cars, not airplanes, not museum items, not their employees occupational accidents, nothing. In case of car crash or occupational accident etc, state treausury acts like a “insurer”. You could of course outsource all of this to a insurance company, but that would increase burearcacy and employ a very expensive army of insurance lawyers on both sides.
haruku63 on
States rarely insure things, would actually be a waste of money.
blueberry_cupcake647 on
I don’t give a f* while people are starving
NorseChronicler on
Why would an insurance company insure something in the Louvre in the first place when one can evidently just stroll in and walk out with priceless artifacts while also carrying a freaking chainsaw, no questions asked?
Coos_Busters on
So, bad security, and not insured. Nice job
berejser on
How are you meant to insure something that is 1) priceless and 2) irreplaceable? What could an insurance company even do to offset the loss?
aweschops on
Inside job
Upstairs_Profile_355 on
The jewels are not about money. Even if you gave a billion dollars, History is not about money.
16 commenti
I’d imagine its hard to insure “priceless” items
bonkers
That’s a new reason to riot about.
If they were insured I bet those guards that were “threatened” would have been armed.
Paywall. First guess would be that this is completely normal and it’s just a clickbait headline?
It is not unusual that pieces that belong to a state’s museum are not insured; as they say, the State itself is the insurance. They do insure pieces when they loan them out to other museums, with the insurance covering the piece “from nail to nail”, which is to say from the moment is taken off the wall to the moment it is back on the original wall.
Very common that a state is self-insurer.
I really think the French is just a joke at this point no arm security no cameras what the hell
Yeah for a state or a large corporation, it doesn’t generally really make sense to insure anything.
The idea of insurance is to collectively share risks for rare, but consequential events. I could insure my coffee cup, but it really wouldn’t make sense, because I can just buy a new one; I would be paying premium for a thing that I could pay for myself. But I insure my house, because if it burns down, it can destroy my personal finances for the rest of my life. Now the risk of individual house burning down is shared collectively.
At least in Finland state doesn’t insure anything. Not buildings, not their cars, not airplanes, not museum items, not their employees occupational accidents, nothing. In case of car crash or occupational accident etc, state treausury acts like a “insurer”. You could of course outsource all of this to a insurance company, but that would increase burearcacy and employ a very expensive army of insurance lawyers on both sides.
States rarely insure things, would actually be a waste of money.
I don’t give a f* while people are starving
Why would an insurance company insure something in the Louvre in the first place when one can evidently just stroll in and walk out with priceless artifacts while also carrying a freaking chainsaw, no questions asked?
So, bad security, and not insured. Nice job
How are you meant to insure something that is 1) priceless and 2) irreplaceable? What could an insurance company even do to offset the loss?
Inside job
The jewels are not about money. Even if you gave a billion dollars, History is not about money.