AXA Art News

Insurance Adjuster Reports 90% of Notre Dame Cathedral Treasure Saved from Fire

Some 90 percent of the priceless relics and art works housed within the Notre-Dame de Paris cathedral were saved from Monday’s devastating fire as contingency plans to evacuate the treasures worked, a leading insurance adjuster said on Wednesday. Insurance adjuster …

AXA Art Names Buchmann as President, CEO of Americas

AXA Art has appointed industry veteran, Irina Buchmann as president and chief executive officer of its Americas operation. The Americas operations of the specialist insurer encompasses Brazil, Canada, Mexico and the United States. AXA Art insures more than $100 billion …

AXA ART Announces New Global Organizational Structure

As part of its ongoing efforts to expand into new markets and bolster effective delivery of innovative product and service offerings to clients around the world, AXA ART announced it has structured its global operating presence into four regions: South-West …

$4 Billion Basel Art Fair: Where Rich Go in Search of Investments

The main thing that’s driving the growth of the art market is the demand for a good investment for the very rich, art adviser Todd Levin said. Levin, standing outside the convention center in Basel, Switzerland, was referring to the …

AXA ART Appoints Kuklinski as New Global CEO

AXA ART announced the appointment of Kai Kuklinski as the new global CEO of the company’s operations, effective April 1, 2014, succeeding Dr. Ulrich Guntram. The appointment is subject to the approval of the German regulatory authorities. Jacques de Vaucleroy, …

Gazançon Named AXA ART Chief Operations Officer

Global art insurance specialist AXA ART announced the appointment of Jean Gazançon as Chief Operations Officer. He has also been appointed as a member of the Executive Management Board of AXA ART Versicherung AG. Gazançon has oversight responsibilities “for AXA …

After Superstorm Sandy, Some New York Artists Struggle to Come Back

When Superstorm Sandy slammed into New York City last October, much of abstract painter Ronnie Landfield’s life’s work lay submerged under 28 inches of water in his Manhattan studio, where he had lived and worked since 1969. Landfield has restored …

Insurers See Risk in Overuse of Swiss Military Bunkers for Art Storage

A metal door set into a mountain in Switzerland offers a way out for fine art investors forced to pay over the odds to insure their collections. The doorway leads into a disused military bunker, one of several being sold …

Best Affirms AXA U.S. FSR; Upgrades ICR; Off Review; Negative Outlook

A.M. Best Co. has removed from under review with negative implications and upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of New York-based AXA Insurance Company. Best also …

Argo Group’s Fine Arts Title Underwriter in Partnerships with Art Insurers

Argo Group International Holdings, Ltd. announced that its subsidiary, ARIS Title Insurance Corporation, the world’s first underwriter of title insurance for fine art and other precious collectibles, has launched partnering initiatives with several insurers serving the art industry, including AXA …