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]