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TEMPO.CO, Jakarta Damage to valuable works of art is certainly not predictable. But if this happens in Germany, collectors or museums do not have to worry.
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They paid an AXA insurance premium in case their works were damaged.
As one of the largest art insurers in the world, they repaired approximately 80% of damaged artwork. While the rest that can not be repaired or that requires too much cost for the repair process will be stored in a warehouse located near the city of Cologne in West Germany.
In the insurance registers, more than 300 works were damaged by scratches and tears. Some of them are works of famous artists such as Gerhard Richter, Christo and Giorgio de Chirico.
The head of art insurance, AXA Kai Kuklinski, said his party would save the collector's works after paying compensation or compensation. In other words, non-repairable works belong to the insurer. "The main goal is to maintain this art because it is too expensive to throw," he said, quoted by Reuters.
AXA will then contribute to this work – paintings, collectibles and antiques – for research projects. While others will be auctioned for charity, others will be saved if it is possible to repair them later. Of course, after the restoration technique has developed better. "Otherwise, we store goods for years, if not decades, in our warehouse," he said.
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According to him, one of the works of art seriously damaged and difficult to repair was a painting by Giorgio de Chirico in a house almost destroyed by a balloon.
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