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]


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