Alliance News

Aon Risk Solutions, The Risk Authority Form Healthcare Risk Management Alliance

Aon Risk Solutions, the global risk management business of Aon plc, has formed an alliance with The Risk Authority, a subsidiary of the Stanford University Medical Network, to provide clinical risk management and enterprise risk management This new alliance will …

Towers Watson Inks Joint Venture with Broker MDS for Portugal Benefits

Global professional services company Towers Watson and Portuguese broker MDS have combined forces to establish a benefits brokerage consulting service in Portugal. MDS was founded in Porto in 1984. It is now the leading broker in the Portuguese market with …

Ratings Recap: Omega Insurance, Al Ittihad, Alliance

A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the issuer credit rating (ICR) of “bbb” of Bermuda-based Omega Insurance Holdings Limited, an intermediate parent company of Omega Underwriting Agents Limited, the …

Allianz Expresses Concerns over Central Banks Role in Libor Scandal

Europe’s biggest insurer, Allianz SE, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer’s chief financial officer said on Friday. “We do not find …

Ratings: Sunderland, Citadel Re, Alliance (Dubai), Oman Ins., SCRe (Morocco)

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of the UK’s Sunderland Marine Mutual Insurance Company Limited (SMMI), both with stable outlooks. Best noted that “SMMI’s …