(The following statement was released by the rating agency) CHICAGO, August 05 (Fitch) Fitch Ratings has upgraded its ratings on XLIT Ltd. (a Cayman Islands subsidiary of XL Group plc) and its property/casualty (re)insurance subsidiaries (collectively XL) as follows: –Issuer Default Rating (IDR) to ‘A-‘ from ‘BBB+’; –Senior unsecured notes to ‘BBB+’ from ‘BBB’; –Series D and E preference ordinary shares to ‘BBB-‘ from ‘BB+’; –Insurer Financial Strength (IFS) to ‘A+’ from ‘A’. A full list
Source: Financials
