NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'B+sf' rating to the following Principal At-Risk Variable Rate Notes issued by Compass Re II Ltd., an exempted special purpose insurer in Bermuda: --$300,000,000 Series 2015-1 Class 1 Principal At-Risk Variable Rate Notes expected maturity Dec. 8, 2015. The Rating Outlook is Stable. These are zero-coupon notes and will be offered at an Offering Price of 95% to the Original Principal Amount. The notes provide reinsurance protection to vario