Forestry has become increasingly valuable as a commercial asset, and as an ecologically sound investment, particularly over the last decade. In the UK, for example, forestry has become a popular asset class for both institutional and private investors, being 100% asset-backed and providing low risk returns with long term capital appreciation.

As a result of its increasing importance, more forests than ever are now insured against natural major catastrophes and against human caused losses such as arson and pollution. Through its close relationship with Pardus, an independent MGA and Lloyd’s of London coverholder, Tysers has secured a significant presence in this dynamic market.

Tysers acts as the broker for Pardus’ specialist forestry programme, sourcing and servicing the underwriting capacity for this worldwide market that is estimated to be worth $40-$50m per year in premiums. Risks covered include: Fire, Hurricane, Snow and Ice Storms, Flood, Frost and Malicious Damage.

Under the terms of a new facility placed through Tysers from 1st April 2016, the firm’s forestry team now has the capacity to write business with a limit of $10 million for any one loss and is able to procure overall limits of up to $50 million.

The Pardus programme offers insurance and reinsurance products for forestry and tree crops worldwide, providing coverage for a wide range of potential buyers such as investors and commercial plantation managers. Coverage extends across numerous worldwide locations, including Brazil, Chile, South Africa, Europe, United States, Asia Pacific and Australasia.

For more information on forestry insurance, please contact Jeremy Pryke, Director – International Property & Casualty Division.

Tel: +44 (0)20 3037 8337; Email: jeremy.pryke@tysers.com