AXA Art Insurance Offers $25,000 Reward for Missing Picasso Artworks

Jacqueline Lisant and Le Repas Frugel Burglarized

Palm Beach Police closely monitoring the investigation

New York, NY – May 27, 2007 – AXA Art Insurance announced a $25,000 reward
for credible information leading to the location, recovery and return of two
Picasso prints and conviction of the responsible parties

“Jacqueline Lisant” and “Le Repas Frugel” were burglarized from the Biba St.
Croix art gallery in Palm Beach at 3:30 a.m. on May 22nd, 2008.   Burglars
gained access by entering the back of the insured’s gallery and breaking
though a door that leads to a sculpture garden.   The insured was notified
of a burglary in progress when the alarm and motion sensors went off.

The Palm Beach police are conducting a comprehensive investigation on this
loss.  Police believe that the burglars were very familiar with the location
as they entered through the back of the gallery to take artworks that were
located in the front of the gallery, bypassing other works of art along the

As part of its standard operating procedure, AXA Art has registered the
missing objects with the appropriate authorities and is working closely with
the Palm Beach Police.  Additionally, the Art Loss Register has been
notified of the missing paintings.

AXA Art and the Palm Beach authorities are appealing to the public for help.
Anyone with information leading to the whereabouts of the two missing
Picasso prints may confidentially contact Detective Mike Lynch from the Palm
Beach Police Department at 561-227-6370 

Global Media & Publicity Contact:  
Rosalind (roz) Joseph;   Mobile: (718) 710 5181       
Email: RJos…

AXA Art Insurance Corporation
Passionate about art, professional about insurance
A member of the global AXA Group, world leader in financial protection
Museum Security Network / Museum Security Consultancy