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Private Wealth Daily
AnalysisInsuranceThe WrapThe Float

Fitch raises Beazley Insurance financial strength rating to AA after Zurich deal

The agency also lifted Beazley plc and its Dublin unit to AA- and expects combined specialty volumes around $15 billion.

By The Wrap desk11 min read

Fitch upgraded Beazley Insurance's financial strength rating to AA following Zurich's acquisition.

The agency also raised Beazley plc and its Dublin subsidiary to AA-.

Fitch expects the combined specialty platform to generate business volumes of around $15 billion.

Separately, Selective Insurance Group named Vaib Kalia permanent chief investment officer, after he led the investment function on an interim basis since June and previously served as head of fixed income.

Reported by The Wrap desk from Insurance Capital Daily coverage. Published . Corrections

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