A £750,000 Andy Warhol painting, stolen in July, has been recovered in mint condition with the help of the Art Loss Register (ALR).

Munich art dealer Bernd Klüser had sold Warhol's Portrait of Lenin to a private collector in June.

The 1987 acrylic on canvas of the Russian revolutionary's head was stored in a warehouse in Cologne on its way to its new owner when it was stolen.

It was registered with the ALR within 24 hours of the theft, rendering it virtually impossible to sell in the international art market.

Klüser was then contacted by an anonymous source who offered to return the painting for an undisclosed reward put up by the painting's insurer Mund & Fester.

The painting was returned, identified as authentic and is now awaiting forensic testing by police.

Aon Artscope director Klaus Behrens praised the ALR's work on behalf of the insurer. He said registering the painting on the ALR had prompted the thieves to return it.

ALR German managing director Ulli Seegers said: "We're delighted this art mystery has ended so satisfactorily for all concerned."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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