week commencing 20/01/19:

Blue Monday and the first snow of the UK winter meant we all really knew it was January, but the world of insurance gave us a week dominated by data- themed stories.


Lloyd’s loses eight syndicates for 2019
The number of Lloyd’s syndicates has fallen by eight for this year following years of growth among new entrants. External-link [Insurance Insider]


PPL broker league tables inch closer
Ed has lent its voice to calls for PPL league tables of brokers. External-link  [Insurance Day]


Performance drive could burst MGA “bubble”
The Lloyd’s performance drive could result in the MGA “bubble” bursting as paper providers look for partners who can deliver higher returns. External-link [Insurance Insider]


Google disputes GDPR breaches fine
Tech titan Google is challenging the record €50 million fine levelled at it for GDPR breaches following the introduction of the privacy legislation last year. External-link [Commercial Risk]


Cybercrime to hit global companies with $5 trillion in losses
A new Accenture study has predicted that global firms will lose more than $5 trillion to cybercrime over the next five years. External-link [Infosecurity Magazine]


Swiss Re: demand soaring for personal cyber insurance
Growing awareness of the threat of fraud, data hacking and identity theft is fuelling demand for personal cyber insurance. External-link [Financial Times]


A very special relationship: CatCo and Guy Carpenter
An exposition of the timeline of CatCo’s development from its early days to its present state. External-link [The Insurer]


Personal data ownership should be a human right
Music mogul will.i.am asserts that, in the modern world, personal data must be regarded as a basic human right in the same way that access to water is. External-link [The Economist]


Note:

External-link. External links are being provided as a convenience to relevant content; they do not constitute an endorsement or an approval by Luther Pendragon of any of the services or opinions of external content. Luther Pendragon is not responsible for the accuracy, legality or content of these external sites. Please also note that some external content may require a subscription to view.