After months of speculation, Kate Middleton's baby girl finally has a name. The new royal baby has been named Charlotte Elizabeth Diana.

Royal insiders believe that Charlotte pays tribute to the baby's grandfather, Prince Charles. Elizabeth, on the other hand, is after her great-grandmother, the current queen. Speculations have been correct for Kate Middleton and Prince William to name their daughter after the late Princess Diana.

Charlotte Elizabeth Diana will be called Her Royal Highness Princess Charlotte of Cambridge. Kate Middleton's baby girl is fourth in line to the throne.

Prince Harry, who's currently stationed in Australia, appears to have seen photos and videos of his niece.

People magazine reports that Prince William's brother released a statement and said that the princess is "absolutely beautiful."

Prince Harry will be back in the U.K. this month after serving time with the Australian Defense force.

A statement from the Kensington Palace claims that the royal couple is thankful for all the well-wishes that they have been receiving.

"The Duke and Duchess are hugely grateful for the messages of congratulations they have received from people all over the world. It means a great deal to them that so many people have celebrated the arrival of their new daughter," read the statement.

The royal couple chose not to address the conspiracy theories that Kate Middleton's baby girl was delivered by a surrogate mother and that she merely posed with the infant.

The theories were purported by a Russian newspaper which claimed that Prince William's other half was "too beautiful" following her labor. Hours after giving birth, the brunette beauty went outside the hospital carrying the young princess.

Many commended her stellar looks.

"It is just not real to walk yourself several hours after birth and wave to the public in white dress. Even if the birth was easy, women just want to sleep and sleep for several hours. This is a fairy tale of a family of show offs," said an individual through the Komsomolskaya Pravda newspaper.

The newspaper, however, did not mention that Middleton's personal hair stylist, Amanda Cook Tucker, was spotted at the hospital. The mother-of-two likewise wore a dress specifically designed by Jenny Packham to conceal post-pregnancy weight gain.

Her personal hair stylist, Amanda Cook Tucker, was seen at the hospital. Style guru Natasha Archer was also present according to Telegraph.

Designer Jenny Packham likewise created the "buttercup" dress worn by Kate Middleton, a dress specifically designed to disguise any post-pregnancy weight gain or other perceived physical defects.