Fitch revises Brighthouse view to stable

Fitch Ratings said it revised Brighthouse Financial Inc.’s outlook to stable from negative and affirmed its BBB+ issuer rating.

“The revision of the rating outlook to stable reflects Fitch's expectations that while investment losses will increase over the next three years, earnings will remain above rating sensitivities and within criteria guidelines for the current rating level. To the extent that investment losses emerge, Fitch expects any losses will primarily emanate from the company's investment exposure to commercial mortgage loans and other fixed-maturity assets,” the agency said in a press release.

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