UK Insures Bayeux Tapestry for £800M-£1B UK Loan
The UK Treasury will insure the Bayeux Tapestry for an estimated 800 million to 1 billion pounds under a taxpayer-backed scheme as the 11th-century artifact prepares for its first visit to Britain in nearly 1,000 years. The embroidered cloth, on loan from France, will arrive at the British Museum in London in September 2026 and remain on display until July 2027, while its home museum in Bayeux, Normandy, undergoes renovations.
The insurance, provided through the Government Indemnity Scheme administered by the Department for Culture, Media and Sport, covers potential damage or loss during transport and exhibition. Officials described the scheme as a cost-effective alternative to commercial insurance, which would otherwise be prohibitively expensive for such high-value items. It has saved UK museums and galleries an estimated 81 million pounds annually compared to private coverage. An HM Treasury spokesperson stated, "The Government Indemnity Scheme is a longstanding scheme that allows museums and galleries to borrow high-value works for major exhibitions, increasing visitor numbers and providing public benefits."
The 70-meter-long tapestry, created around the 1070s and likely...