Climate change, cyber risks to drive insurance demand

Posted On: Aug. 7, 2019 5:53 AM CST

New Zealand-based FMG Insurance Ltd. said that climate change, regulations and emerging risks such as cyber security are likely to drive demand for insurance among farmers and growers in the country, Asia Insurance Review reported. FMG Insurance said that farmers will need increased coverage to protect against complex risks such as compliance-related liability, pests and diseases and natural disasters.