HCC DECLARES 47TH QUARTERLY CASH
DIVIDEND
HOUSTON (March 17, 2008) . . .
HCC Insurance Holdings, Inc. (NYSE: HCC) today announced its 47th
consecutive quarterly cash dividend.
HCC’s Board of Directors has declared a regular cash dividend of $0.11 per
share on the Company’s shares of $1.00 par value common stock. The dividend
is payable to stockholders of record on April 1, 2008 and will be paid on or
about April 14, 2008.
“In spite of current market conditions, HCC continues to outperform many of
its competitors in posting superior financial results,” HCC Chief Executive
Officer Frank J. Bramanti said.
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, Spain, Ireland and the United
Kingdom. HCC has assets of nearly $8.1 billion, shareholders’ equity in
excess of $2.4 billion and is rated AA (Very Strong) by Standard & Poor’s,
AA (Very Strong) by Fitch Ratings and 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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