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Fitch Upgrades Beazley's Ratings on Takeover by Zurich Insurance Group
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11:40 AM EDT, 10/07/2026 (MT Newswires) -- Fitch lifted Beazley's long-term issuer default rating to AA- from A and its insurer financial strength rating to AA from A+, with a stable outlook, and removed the rating from Rating Watch Positive. The rating upgrade reflects Fitch's assessment of the British insurer's strategic importance to Zurich Insurance Group (ZURN.SW), which recently completed its acquisition of Beazley, according to a Wednesday release.
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