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Open-market property and marine are the worst-performing areas.
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The Corporation has warned syndicates to address unprofitable business or face closure.
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The carrier adds expertise in property and energy, cargo and P&I.
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Coutts spent 10 years at Brit and 19 at CNA.
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It is still unclear where the product-market fit is for blockchain in insurance, according to a speaker at the InsiderTech London conference.
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The online-only carrier will work with the Shanghai regulator on the technology.
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The P&I and marine carrier now leads Maersk’s hull insurance policy.
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There was a 71 percent increase year on year in April in the marine market, with 244 risks bound through the system.
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The P&I club has bought into the IT services company after five years of collaboration.
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The investment marks the next phase in Allianz's move to expand its African presence.
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The multinational has joined XL Catlin, MS Amlin and Willis Towers Watson in adopting Insurwave.
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The latest hurricane outlook from NOAA predicts an elevated level of storm activity.
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