Visitor's Rolex stolen live on BBC
A violent robbery captured live by a BBC journalist in London involved the theft of a luxury Rolex watch from an Australian businessman. The incident, which took place near the Royal Gifts Gallery in Oxford Street, comes amid fears that luxury watch theft in the British capital is “out of control”. The theft was obstructed by store staff, one thief was arrested, but his accomplice injured himself before being released.
We have noticed in recent months that the London police are struggling to control the problem, with 6,000 watches stolen the previous year. The value of the stolen watches is estimated at tens of millions of pounds. This is why it is essential today to have specific insurance for your luxury watch. Our Watch for life insurance covers this type of loss and insures your worn luxury watch regardless of its brand, Rolex, Audemars Piguet, Breguet, Patek Philippe, Hublot, Cartier or Richard Mille, at market value.
The victim told how she was attacked for her luxury watch, while the Watch Register database estimates the value of stolen or missing watches at £1 billion. The register receives 600 reports of stolen luxury watches each month. Last year there was a 60% increase compared to the previous year, when there were between three and five per day. The average value of watches in its database is around £10,000, and 45% of them are Rolexes. In the event of theft, thanks to our Swiss Watch for Life watch insurance, located in Geneva, you will be reimbursed the amount of the market value of your luxury watch.