HCC INSURANCE HOLDINGS ELECTS
WILLIAMS
CHAIRMAN OF BOARD OF DIRECTORS
HOUSTON (August 26, 2008) . . .
HCC Insurance Holdings, Inc. (NYSE: HCC) announced today that
Christopher J. B. Williams has been elected as Chairman of the Company’s
Board of directors, effective immediately. He succeeds J. Robert Dickerson
who resigned as Chairman for personal reasons, but will continue as a member
of the Board.
“On behalf of the entire Board of Directors, our employees and our
shareholders, I want to express our gratitude to Mr. Dickerson, who stepped
into the role as Chairman at a critical time of need. We are now looking
forward to working with Chris Williams to lead HCC into the future,” HCC
Chief Executive Officer Frank J. Bramanti said.
Mr. Williams, who is currently Chairman of Wattle Creek Winery, is a retired
Willis Re veteran and was that company’s National Director for Life,
Accident & Health. He joined HCC’s Board in 2007 and has been a member of
its Nominating and Corporate Governance Committee. Mr. Williams has more
than 30 years of experience in the insurance industry.
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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