Measuring the Impact of Fire Occurrence Risk on the Value of Forest Land at Growing Scots Pine (Pinus sylvestris, L.) and European Beech (Fagus sylvatica, L.) Stands in the Territory of Slovak Paradise

Holecy, Jan; Hillayová, Michaela Korená

doi:10.1007/978-3-030-41235-7_50

Cited by 2 publications

(5 citation statements)

References 8 publications

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“…The results of the study show that there is a lack of possibilities on the Slovak insurance market for forest owners to insure their property against the forest fire risk. There are several reasons there (Holécy, Korená Hillayová 2020). Hanewinkel et al (2011) identified one main problem based on a simple economic theory: low demand on the side of forest owners, due to the predominant risk-aversion of their forest managers (Brunette et al 2017) and on the other hand, low supply on the side of commercial insurance companies.…”

Section: Discussionmentioning

confidence: 99%

“…More frequent heatwaves, droughts and storms are considered as important abiotic and biotic risk (stress) factors for forest growth (Krawchuk et al 2006;Vido et al 2016). These risk factors negatively affect the possibilities of forest land management (Holécy, Korená Hillayová 2020) and are known as specific risks of forest land management (Strange et al 2014). One of the significant specific risks of forest land management is the occurrence of forest fires (Kouba 2002).…”

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confidence: 99%

“…One of the significant specific risks of forest land management is the occurrence of forest fires (Kouba 2002). Forest fires damage single trees as well as whole forests, which is associated with the risk of failure to meet the economic objectives of forest management planning (Neary et al 2005;Holécy, Korená Hillayová 2020).…”

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confidence: 99%

“…https://doi.org/10.17221/199/2020-JFS sent an important part of the greenhouse gas emissions from the forestry and other land-use sector (Korísteková et al 2020). The occurrence of forest fires also endangers the financial stability of forest enterprises, which may cause their economic decline (Holécy, Hillayová 2020). These financial problems cannot be fully covered from the state budget and supports (Holécy, Hanewinkel 2006).…”

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confidence: 99%

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Possibilities of forest property insurance against the risk of fire in Slovakia

Hillayová¹,

Báliková²,

Giertliová³

et al. 2021

J. For. Sci.

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Fire is considered one of the major natural hazards that damages European forests and causes losses for forest owner. The forest fires endanger the financial stability of forest enterprises, which may cause their economic decline. One possibility how to cover these losses is to insure forest land against this kind of specific risk of forest land management. The aim of the present paper is to analyse possibilities of forest fire insurance for forest owners and enterprises in the Slovak private insurance market. The market analysis was based on document analysis of general terms and insurance conditions of chosen private insurance companies and interviews with insurance agents. The results show that forest owners and enterprises have only few options for forest property insurance concerning the specific risk of forest fires. Only one commercial insurance company provides such forest fire insurance product for forest owners. This insurance covers material damage to forest land and timber damage.

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Section: Discussionmentioning

confidence: 99%

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confidence: 99%

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confidence: 99%

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confidence: 99%

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Possibilities of forest property insurance against the risk of fire in Slovakia

Hillayová¹,

Báliková²,

Giertliová³

et al. 2021

J. For. Sci.

Self Cite

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“…Shorter rotation periods are suggested as better for decreasing the specific forest management risks like occurrence of disturbances (Holécy, Korená Hillayová 2020;Zimová et al 2020).…”

Section: Determination Of Rotation Period Accordingmentioning

confidence: 99%

Comparison of the approach to determination of the rotation period of forest stands in the Czech Republic and in the Slovak Republic

Hillayová¹,

Holušová²,

Báliková³

et al. 2022

J. For. Sci.

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The exact determination of the rotation period is still a current and important essential issue of forestry. It attracts the attention of forest economists, managers and owners worldwide, not only of forest economists but also of forest managers. The rotation period is defined by physical, technical or financial parameters of forest management. Therefore, it is necessary to distinguish between the biological and the economic optimal rotation period. A fundamental challenge in forest management is the need for appropriate determination of the rotation period. The primary interest of our research was to compare the effective legislation for the determination of the rotation period in the Czech Republic and in the Slovak Republic. Scientific methods such as document analysis and questionnaire survey were applied. The results of the legislation analysis and other related documents were compared with the expert opinions of the relevant stakeholders. Those who affect the decision process related to the problem and those where are “affected” by the problem were involved in the study. Results show that respondents do not agree with the regulation of rotation period according to effective law. Moreover, they consider it as not usable as the conditions in forest ecosystems have changed recently, which is not considered in the legislation.

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Measuring the Impact of Fire Occurrence Risk on the Value of Forest Land at Growing Scots Pine (Pinus sylvestris, L.) and European Beech (Fagus sylvatica, L.) Stands in the Territory of Slovak Paradise

Cited by 2 publications

References 8 publications

Possibilities of forest property insurance against the risk of fire in Slovakia

Possibilities of forest property insurance against the risk of fire in Slovakia

Comparison of the approach to determination of the rotation period of forest stands in the Czech Republic and in the Slovak Republic

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