[02 August/Farmers Weekly] FMG has released a new Future of Insurance report which states that demand from farmers for insurance will continue to grow as they diversify their activities and adopt new technology. Emerging activities and technology will involve new and emerging risks with cyber, drones and sensors already being adopted and farmers diversifying into the likes of agri-tourism and niche products and brands as traditional farming becomes less dominant, with increasing regulation and compliance also increasing liability risk. FMG, which insures more than half the farm sector, expects a move away from capital gain as a primary wealth driver in agriculture because of limits on production to meet environmental rules and the influence of ethical consumers. New Zealand isn’t immune from global risk sentiment and it is likely more extreme storms and natural disasters will occur. With most insurers being Australian-owned, a major event in Australia could affect capital available here.