According to some estimates, fine art worth billions of dollars has been lost to the Los Angeles wildfires of January 2025. While one-of-a-kind paintings and other forms of collectibles typically kept on display can be insured and secured against many forms of risk, they are relatively difficult to move out of harm’s way in the event of a catastrophic natural disaster. For UHNWIs with homes around the world, the recent tragedy in Los Angeles raises an important question: in which geographic location will collectibles be at least risk of force majeure? This article outlines answers based on widely understood science
