HCC APPOINTS PAM PENNY SENIOR VP OF FINANCE

HOUSTON (August 11, 2004) . . .
HCC Insurance Holdings, Inc. (NYSE symbol: HCC)
announced today that Pamela J. Penny, CPA will join the Company on August 16, 2004, as Senior Vice President of Finance.

Ms. Penny has over 27 years of accounting experience including 12 years with KPMG where she became an audit partner. In 1991 she joined American General Corporation and served as Senior Vice President and Controller from 1999 to 2003. Most recently she was Senior Vice President and Controller for Aegis Mortgage Corporation.

Ed Ellis, Chief Financial Officer of HCC, said, “We are indeed fortunate to have Pam Penny join our team. She brings with her considerable financial reporting and management experience and will be a positive addition to our financial group.”

HCC is an international insurance holding company and a leading specialty insurance group since 1974, based in Houston, Texas with offices across the USA and in Bermuda, England and Spain. HCC has assets of $5.3 billion, shareholders’ equity of over $1.1 billion and 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

 

 
 

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