Fitch revises ReAssure's view to stable

Fitch Ratings said it revised the outlook of ReAssure Group plc, ReAssure Ltd. and Old Mutual Wealth Life Assurance Ltd. to stable from positive. At the same time, Fitch affirmed ReAssure Group's long-term issuer default rating at A.

ReAssure's ratings and outlooks are aligned with those of Phoenix Group Holdings plc pending the proposed acquisition of ReAssure by Phoenix. This reflects Fitch's assessment of the strategic importance of ReAssure as a key asset to Phoenix.

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