Group 1 - The Louvre Museum reopened on October 22, three days after a jewelry heist, but the Apollo Gallery remains closed [1][4] - The stolen jewelry is not insured, meaning France cannot receive compensation for the historically invaluable items [2] - The estimated loss from the theft is €88 million, but the historical loss is considered far greater [3] Group 2 - The thieves used an elevator to access the museum and cut open display cases to steal eight pieces of jewelry [3] - Experts believe the stolen items may be disassembled and sold on the black market, with low chances of recovery [3] - The French government is conducting both administrative and judicial investigations into the theft, with President Macron calling for enhanced security measures at the Louvre [3]

Group 1 - The Louvre Museum in France was robbed of several artifacts, and due to legal regulations and insurance costs, it did not have insurance coverage for these items, meaning no compensation can be sought if the items are not recovered [1][2] - A spokesperson from the French Ministry of Culture stated that national museums are self-insured as long as the collections remain in their regular storage locations [1] - French law prohibits national museums from purchasing commercial insurance for their collections unless the items leave the museum or are loaned to other institutions [1] Group 2 - Over 60 national museums in France do not have insurance for their collections, as many items are considered "priceless," making it nearly impossible for insurance companies to assign a value [1] - The estimated economic loss from the robbery is around 88 million euros, with the loss of the artifacts being incalculable from an art perspective [1] - Criminals are likely to dismantle the stolen artifacts for secret sale on the black market, with low chances of recovery if they are sold in parts [2]

Core Points - The Louvre Museum was robbed of several artifacts, and due to legal regulations and insurance costs, these items were not insured, meaning no compensation will be available if they cannot be recovered [1][3] - French law prohibits national museums from purchasing commercial insurance for their collections unless the items are temporarily removed or loaned to other institutions [3] - The estimated economic loss from the theft is around €88 million, with the loss of the artifacts deemed priceless [3][4] Group 1 - The French Ministry of Culture stated that national museums are self-insured as long as the collections remain in their regular storage locations [3] - Over 60 national museums in France do not have insurance for their collections, as many items are considered "priceless," making it nearly impossible for insurance companies to assign a value [3] - The robbery involved four masked individuals who used a lift to access the museum and threatened security personnel, resulting in the theft of nine artifacts, with only one item recovered so far [4] Group 2 - There is a high likelihood that the stolen artifacts will be dismantled and sold on the black market, with low chances of recovery if this occurs [3] - The stolen items included a crown belonging to Empress Eugénie, which has been recovered, while the remaining eight items are still missing [4]

Core Points - The Louvre Museum in France was robbed of several artifacts, and due to legal regulations and insurance costs, these items were not insured, meaning the French government and the museum cannot seek compensation if the items are not recovered [1][2] - French law prohibits national museums from purchasing commercial insurance for their collections unless the items leave the museum or are loaned to other institutions [1] - The estimated economic loss from the theft is around €88 million, while the cultural loss is deemed incalculable [1][2] Summary by Sections - **Insurance and Legal Framework** - The Louvre Museum's artifacts are considered national property, and the state assumes all risks related to loss, theft, or damage [1] - Over 60 national museums in France do not have insurance for their collections, as many items are considered "priceless" and difficult to value [1] - **Theft Details** - On the morning of the theft, four masked individuals used a lift to access the museum and stole nine pieces of jewelry, threatening security personnel during the operation [2] - One of the stolen items, a crown belonging to Empress Eugénie, has been recovered, while the remaining eight items are still missing [2] - **Market Implications** - There is a high likelihood that the stolen artifacts will be dismantled and sold on the black market, reducing the chances of recovery [2]