And, the Signing Identity in the Code Signing Identity is something, which consists of a public and private key pair that are specially created by an Apple. In other words, Code Signing Identity is referred to as the Common Name of the certificates which are installed in the Developer's machine Keychain.
Neither restarting Xcode nor restarting my Mac helped.
Solution within Xcode:
Download all
in Xcode 7)PS:
Try restarting XCode. It worked for me.
This may happen when your certificate expire in your Key Chain.
EDIT : I'd now recommand cert and sigh to generate your certificates and provisionning profiles. These are two commands part of the fastlane tools from KrauseFx.
Using cert & sigh:
cert
sigh
Conventional way:
If all the above previous suggestions fail after renewing your certificate, as they did for me, browse to the following location;
~/Library/MobileDevice/Provisioning Profiles
...and delete your provisioning profiles.
Then download your provisioning profile again from;
https://developer.apple.com/account/ios/profile/profileList.action
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