ROSHOLT ELECTED TO HCC BOARD OF
DIRECTORS
HOUSTON (August 26, 2008) . . .
HCC Insurance Holdings, Inc. (NYSE: HCC) announced today that Robert
A. Rosholt has been elected as an independent member of the Company’s Board
of Directors.
“We are very pleased to have someone with Bob Rosholt’s strong financial
background on the HCC Board of Directors. We believe that with his
considerable experience as both a banker and insurance executive he will be
able to make a substantial contribution to our Board,” HCC Chief Executive
Officer Frank J. Bramanti said.
Mr. Rosholt recently retired from his position as Executive Vice President
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Chief Financial Officer for Nationwide in Columbus, Ohio, a position he
has held since 2002. Before joining Nationwide, he was Executive Vice
President and Chief of Operations-Risk Services with AON. Earlier, he spent
more than 25 years with First Chicago Corporation/Bank One, holding a number
of management positions. Mr. Rosholt has a B.S. degree in Mathematics and
Economics from St. Olaf College in Northfield, MN, and an M.B.A. degree from
the University of Rochester.
Mr. Rosholt fills a new board seat created by the HCC Board on August 20,
2008.
Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. (HCC) is a
leading international specialty insurance group with offices across the
United States and in Belgium, Bermuda, Ireland, Spain and the United
Kingdom. HCC has assets of $8.3 billion, shareholders’ equity of $2.6
billion and is rated AA (Very Strong) by Standard & Poor’s and AA (Very
Strong) by Fitch Ratings. In addition, HCC’s domestic property and casualty
insurance companies are rated A+ (Superior) by A.M. Best Company.
For more information, visit our website at
www.hcc.com.
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Contact:
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Barney White, HCC Vice President of
Investor Relations
Telephone: (713) 744-3719
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Forward-looking statements contained in this press
release are made under “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995 and involve a number of
risks and uncertainties. The types of risks and uncertainties which
may affect the Company are set forth in its periodic reports filed
with the Securities and Exchange Commission. |
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