Omnilife has been granted a Standard & Poor's rating for the first time since its launch into the UK insurance market.
The group risk insurer, which was founded in 1988, has been given a BB+ rating with a stable outlook.
The insurer was assigned the rating given its size within the UK group risk market, niche focus on group income protection and group life insurance and its stable outlook as a member of the Medgulf group.
Omnilife had gross premium written of £12.2 million in 2014, a reinsurance utilization ratio of 51%, and total assets of £32.4 million, Standard & Poors said.
Barry Waring, group risk sales manager at Omnilife said that the rating "came as no surprise."
He said: "The business levels at Omnilife have increased so did the need to have a rating in order to open the doors of some of the larger Employee Benefit Consultancies.
"Omnilife looks forward to working with new brokers in the coming months where the lack of a rating was the initial issue, and strengthening existing relationships where there could have been some hesitance previously."
Waring also said that the next step would be to gain an A rating, although he said "this may take some time with the group risk market being heavily dominated by the market leaders."
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