The global fine-art market has entered a significant expansion phase, with high-net-worth individuals (HNWIs) allocating roughly 20 % of their wealth to art collections—a notable rise from 15 % in 2024, according to reporting by Art Basel and UBS. In Read More …
Tag: Collectibles
Art-collecting surge highlights elevated risk-management demands in fine-art insurance
Art-collecting surge brings heightened focus on risk management
As fine-art collecting rises among high-net-worth individuals, insurers and collectors are placing new emphasis on risk-management frameworks that go beyond traditional coverage. In 2025, the share of wealth tied to art collections increased to an average of 20 %—up from Read More …