Fine Art Insurance Policies and Risk Perceptions: The Case of Malta

The aim of this paper is to identify the risks that need be addressed when holding fine art, determine which are perceived as being most important, and whether risk perception influenced by demographic variables such age, educational background, field occupation. To evaluate perception, we used a purposely designed questionnaire sent it via various sources communication systems applications individuals knowledgeable on arts. Findings revealed that, generally, art deterioration, fraud, theft three main highlighted risks, with deterioration considered in high-risk range. In terms forgery biggest concern. On other hand, considerations investment value lessened exposure. Furthermore, study has shown certain perceptions were participants’ variables. Both identified analyzed within provide us insights what needs offering insurance, particularly comes pressing potential policyholders, how these vary according individual demographics noted above.