Europe View from the Top: Sweden's art seriously underinsured
The Swedish fine art market has traditionally been insured by a few large, London-based insurers. But as the value of local artwork increases, huge swathes of Swedish art are grossly underinsured.
When Nils Dardel's The Waterfall sold for a record SEK25m (£2.3m) at auction in Stockholm last month, eclipsing the country's previous record by some 92%, local insurers observed two things.
The first
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