Beazley stock gets an AA- rating upgrade from Fitch

Published on 10/08/2026 at 07:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fitch set Beazley plc at AA- on October 7, up from A. Solvency stood at 291 percent in the first half of 2026, while the final LSE quote was GBp 1,308.50.

Fotorealistisches Bürofoto mit Londoner Skyline und Versicherungsarbeitsplatz — Fotorealistisches Büro mit Skyline zeigt Beazley plc (GB00BY9D0Y18) als Spezialversicherer im Finanzviertel London, Illustration mit AI erstellt.

Beazley stock (ISIN GB00BYQ0JC66) carried an AA- long-term issuer default rating after Fitch upgraded Beazley plc from A on October 7, 2026. The action also lifted Beazley's insurer financial strength rating to AA from A+.

Fitch raises credit ratings

According to Fitch Ratings on October 7, the upgrades followed Zurich Insurance Group's completion of its acquisition of 100 percent of Beazley's shares. Fitch described Beazley as strategically very important to Zurich and gave the ratings a Stable Outlook.

The rating change is a credit assessment, not a new exchange signal. Fitch said Beazley's standalone assessment remained at a+ and that Zurich's stronger credit quality provided a two-notch uplift to the insurer financial strength rating.

Capital remains a key measure

Fitch reported that Beazley's Solvency II ratio was 291 percent at the end of the first half of 2026, compared with 281 percent at the end of 2025. The ratio therefore improved by 10 percentage points on the same year-end basis.

Insurance written premiums grew 7 percent to USD 6.1 billion in fiscal year 2025, according to Fitch Ratings. At the same time, the discounted combined ratio deteriorated to 88 percent at the end of the first half of 2026 from 77 percent at the end of 2025, making underwriting performance an important integration metric.

Shares leave the London market

Beazley shares were cancelled from admission to trading on the London Stock Exchange effective October 2, 2026, at 8:00 a.m. London time, according to Investegate. The notice identifies the ordinary shares by ISIN GB00BYQ0JC66.

Zurich Insurance said on October 2, 2026, that the combined specialty insurance business targets incremental annual revenue growth of more than USD 1 billion by 2029 and at least USD 150 million in annual cost savings. Those targets belong to the enlarged group and are not Beazley guidance.

Beazley stock ends at GBp 1,308.50

Beazley stock was last quoted at GBp 1,308.50 on the LSE on October 1, 2026, the final quoted session before cancellation. The 52-week range was GBp 750 to GBp 1,310, while reported volume for that session was 92,464 shares.