Full text of this article is only available in PDF format.

Toivo Wilhelm Paavonen (email)

Forest fire insurance in Suomi

Paavonen T. W. (1927). Forest fire insurance in Suomi. Silva Fennica no. 4 article id 4444. https://doi.org/10.14214/sf.a8392

Abstract

Establishing an insurance company for insuring the private forests was suggested already in 1911 in Finland. In 1925 two companies, the Suomen Metsänomistajain Keskinäinen Metsäpaloapuyhdistys (The Forest Owners' Mutual Forest Fire Insurance Company) and the Keskinäinen Vakuutuslaitos Sampo (The Sampo Mutual Insurance Company), operated in forest fire insurance. They both had similar conditions, rates and principles for estimating losses caused by forest fire.

A total of 2,18 million hectares (16,4%) of the 13.3 million hectares of private forests in Finland were insured in 1925. Of the insured forests, 0.01–1.35% burned annually in 1916–1925. The insured forests were classified either small forests (size of the trees less than 18 cm in diameter), large forests or forests in general. The basic insurance compensated the stump value of the timber felled and lying in the forest up to 25% of the volume in the area. In case the fire decreases productivity of the land, the insurance covered the forest soil up to 50% of the value of the land. Larger losses could be compensated by paying an additional premium.

A summary in Finnish is included in the PDF.

Keywords
Finland; forest fire; insurance; fire insurance

Published in 1927

Views 2905

Available at https://doi.org/10.14214/sf.a8392 | Download PDF

Creative Commons License CC BY-SA 4.0

Register
Click this link to register to Silva Fennica.
Log in
If you are a registered user, log in to save your selected articles for later access.
Contents alert
Sign up to receive alerts of new content

Your selected articles
Send to email
Heiskanen V., (1966) Studies on the defects of birch, their influence.. Acta Forestalia Fennica vol. 80 no. 3 article id 7165 (remove) | Edit comment
Tomminen J., (1991) Pinewood nematode, Bursaphelenchus xylophilus, f.. Silva Fennica vol. 25 no. 2 article id 5447 (remove) | Edit comment
Bramryd T., (1981) Environmental effects of heavy metals distribute.. Silva Fennica vol. 15 no. 4 article id 5145 (remove) | Edit comment
Zawadzka D., Drozdowski S. et al. (2016) The availability of cavity trees along an age gr.. Silva Fennica vol. 50 no. 3 article id 1441 (remove) | Edit comment
Windisch J., Sikanen L. et al. (2010) Supply chain management applications for forest .. Silva Fennica vol. 44 no. 5 article id 124 (remove) | Edit comment
Heikurainen L., (1970) The effect of thinning, clear cutting, and ferti.. Acta Forestalia Fennica vol. 0 no. 104 article id 7538 (remove) | Edit comment
Lakari O. J., (1927) Work for greater efficiency in the state forestry Silva Fennica vol. no. 6 article id 4447 (remove) | Edit comment
Tormilainen M., (1972) Studies of flowering and cone crop in a seed orc.. Silva Fennica vol. 6 no. 2 article id 4868 (remove) | Edit comment
Paavonen T. W., (1927) Forest fire insurance in Suomi Silva Fennica vol. no. 4 article id 4444 (remove) | Edit comment
Your search results