HCC TO PRESENT ON JANUARY 29 IN NYC AT
SALOMON SMITH BARNEY INVESTOR CONFERENCE

HOUSTON (January 23, 2003) . . .
HCC Insurance Holdings, Inc. (NYSE symbol: HCC)
announced today that Stephen L. Way, Chairman and Chief Executive Officer, will be presenting at the Salomon Smith Barney Financial Services Conference in New York City. Mr. Way will be giving his presentation on Wednesday, January 29, 2003 at 2:45 p.m. Eastern Standard Time (EST) when he will outline his expectations for the Company’s future prospects, including earnings guidance for the investment community.

In addition, there will be a live webcast, which is available on a listen-only basis, that can be accessed through our website at www.hcch.com. A replay of the webcast will be available on our website, until noon February 5th, 2003. A copy of the slide presentation can also be found on our website under Investor Relations following the presentation.

HCC is an international insurance holding company and a leading specialty insurance group. HCC has assets of $3.5 billion and its shares trade on the NYSE (symbol: HCC), with a market capitalization of over $1.5 billion. HCC is rated AA (Very Strong) by Standard & Poor’s and A+ (Superior) by A.M. Best Company.

For more information, visit our website at www.hcch.com.

Contact: L. Byron Way, Vice President
HCC Insurance Holdings, Inc.
Telephone: (713) 690-7300

 

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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