OREANDA-NEWS. This rating action commentary replaces the version published on 5 October 2016 to correct the chair details.

Fitch Ratings has Fitch Ratings has assigned Beazley Re Designated Activity Company (Beazley Re) an Insurer Financial Strength Rating (IFS) of 'A+'. It has also assigned Beazley Re and ultimate parent and holding company of the group, Beazley plc, (collectively Beazley) Issuer Default Ratings (IDR) of 'A'. All ratings carry a Stable Outlook.