HCC PROMOTES FARID NAGJI TO SENIOR VP AND MEMBER OF THE
EXECUTIVE MANAGEMENT GROUP
HOUSTON (June 17, 2005) . . .
HCC
Insurance Holdings, Inc. (NYSE symbol: HCC) announced today that Farid
F. Nagji has been promoted to Senior Vice President in the Office of the
Chairman and a member of the Executive Management Group.
Mr. Nagji, who is 40 years old and has been with the Company since 2003 as
Chief Information Officer, will retain that position until his replacement
has been found. In his new position, Mr. Nagji will have multiple
responsibilities throughout the Group reporting directly to Stephen L. Way,
Chairman and Chief Executive Officer of HCC.
Mr. Way said, “Farid is experienced in many areas, has a tireless work ethic
and is part of our continuing effort to extend the depth of our corporate
senior management group to keep pace with the growth of our Company.”
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 is traded on the NYSE (symbol:
HCC), has assets exceeding $6.0 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
|
|
|
|
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. |
|
* *
* * |
|
