Timber

Our policy insures your Standing Timber against a loss of wood quality from the following defined events:

  • Fire

  • Lightning

  • Aircraft

Additional Benefits and Options may include:

  • Harvested Timber remaining at the place of the felling operation

  • Claim Preparation Costs

  • Re-establishment Costs

  • Fire-fighting Expenses

  • Windstorm – Sub limits apply

Our premiums are based on actual New Zealand loss data with no cross Tasman or Global subsidy.


Our policy is annually renewable by way of offer and acceptance and is based on an agreed value with various deductible levels

We are please to announce from 1 June 2020 HDI Global Specialty SE – Australia is our Insurer for our business in New Zealand

 

For more than 15 years Hannover Re have been a major reinsurer of Insurance Facilitators business, and from 1 June 2016 International Insurance Company of Hannover SE “Inter Hannover” through its Australian Branch became our insurer for all our agricultural products in Australia.

On the 1st January 2019 Inter Hannover re-branded as HDI Global Specialty SE following a joint venture between Hannover Re and HDI Global, underwriting more than €1 billion in premium volume at the start of year (2019)

HDI Global Specialty SE - Australia information and relevant details

Full name                            HDI Global Specialty SE – Australia

Rating                                 A+ (“Strong”) from S&P

                                            A (“Excellent”) from A.M.  Best

                                       ​

ABN                                     58 129 395 544

APRA                                   Authorised

AFS Licence                        458776

Registered Office                Tower 1, Level 33, 100 Barangaroo Avenue, Sydney, NSW, 2000

For further information about HDI Global Specialty - SE, please click here

For further information about Hannover Re, please click here

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