java.lang.Exception: Failed to load url; https://host:port/tls12Tester/DIT?wsdl, 0 in SoapUI

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Applies to:
SoapUI: 5.2.1
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Problem Summary:
We aren't able to load a WSDL in SOAPUI which has TLS1.2 as minimum protocol version.

SOAPUI Error:
Error loading wsdl
There was something wrong with the wsdl you are trying to import
Error loading [https://host:port/tls12Tester/DIT?wsdl]: java.lang.Exception: Failed to load url; https://host:port/tls12Tester/DIT?wsdl, 0

2017-02-08 10:07:22,947 ERROR [errorlog] com.eviware.soapui.impl.support.definition.support.InvalidDefinitionException
com.eviware.soapui.impl.support.definition.support.InvalidDefinitionException
at com.eviware.soapui.impl.wsdl.support.wsdl.WsdlLoader.makeInvalidDefinitionException(WsdlLoader.java:119)
at com.eviware.soapui.impl.wsdl.support.wsdl.WsdlLoader.loadXmlObject(WsdlLoader.java:112)
at com.eviware.soapui.impl.wsdl.support.xsd.SchemaUtils.getDefinitionParts(SchemaUtils.java:488)
at com.eviware.soapui.impl.wsdl.support.xsd.SchemaUtils.getDefinitionParts(SchemaUtils.java:477)
at com.eviware.soapui.impl.support.definition.support.AbstractDefinitionCache.update(AbstractDefinitionCache.java:94)
at com.eviware.soapui.impl.support.definition.support.AbstractDefinitionContext$Loader.construct(AbstractDefinitionContext.java:209)
at com.eviware.soapui.support.swing.SwingWorkerDelegator.construct(SwingWorkerDelegator.java:46)
at com.eviware.soapui.support.swing.SwingWorker$2.run(SwingWorker.java:131)
at java.lang.Thread.run(Unknown Source)

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Root Cause:
Minimum security protocol version for webservice is set to TLS1.2
SSL.minimumProtocolVersion=TLSv1.2
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How to verify:
 1. Load wsdl in a browser to see if it's loading fine or not.
 2. use openssl to verify protocol,
openssl s_client -connect host:port -tls1_2
Result: Secure Renegotiation IS supported
SSL-Session:
Protocol  : TLSv1.2
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Resolution:
Edit SoapUI-5.2.1.vmoptions file located at C:\SmartBear\SoapUI-5.2.1\bin\SoapUI-5.2.1.vmoptions

Add the following parameter, save and exit.
-Dsoapui.https.protocols=TLSv1.2

Kindly note it will enable only TLSv1.2 protocol

Close and reopen SoapUI for changes to take effect.

Retry to load wsdl in SoapUI. This time it should work fine.