Forest Keeper – Reforestation Expenses Endorsement

Mitsui Sumitomo Insurance (MS&AD Group) launched “Forest Keeper” in 2022 as the fourth product in its series contributing to natural capital and biodiversity conservation. The product is an endorsement attached to comprehensive corporate property insurance for forestry operators, covering reforestation expenses following forest fire: costs that were previously excluded from the company’s conventional forest fire insurance. Covered expenses include site preparation, seedlings, planting, undergrowth clearing, installation of wildlife protection fencing, road network maintenance for reforestation access, and debris removal. The product is explicitly framed by MS&AD as addressing the challenge that unafforested burnt forests increase downstream landslide risk, positioning reforestation as a nature-based risk reduction measure. Payouts cover actual costs net of any government subsidies. The product forms part of MS&AD’s broader “Green Resilience” strategy integrating nature-based solutions into insurance.