Art investors raise demand for insurance.

Wealthy art investors are purchasing more insurance to cover their collections.

A Stonehage Group report this month showed a high performance of long-term returns on art assets relative to many other asset classes, and clients have significantly increased the level of insurance cover for their art collections over the last couple of years.

Stonehage executive director Steven Kettle said: “The long-term performance of the art market, particularly at the high end, has delivered impressive returns, so collectors increasingly need to ensure they have the right cover in place.”
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