Fitch Revises Old Mutual Plc's Outlook to Negative; Affirms at 'BBB+'
(The following statement was released by the rating agency) LONDON, December 05 (Fitch) Fitch Ratings has revised the Outlook of Old Mutual Plc's (Old Mutual) Long-Term Issuer Default Rating (IDR) to Negative from Evolving. The agency affirmed Old Mutual's Long-Term IDR at 'BBB+'. Fitch simultaneously upgraded Old Mutual Wealth Life Assurance Company Limited's (OMWL) Insurer Financial Strength Rating (IFS) to 'A' from 'A-'. The Outlook is Stable. Fitch has also affirmed the IFS Rating of M