HCC DECLARES QUARTERLY CASH
DIVIDEND
HOUSTON (September 21, 2006) . . .
HCC Insurance Holdings, Inc. (NYSE symbol: HCC) today announced its
41st consecutive quarterly cash dividend.
The Board of Directors had declared a regular quarterly cash dividend of
$0.10 per share on the Company's shares of $1.00 par value common stock.
This dividend is payable to shareholders of record on October 2, 2006 and
will be paid on or about October 13, 2006. Stephen L. Way, Chairman and
Chief Executive Officer, stated that it is the Company’s intention to
continue to pay at least a $0.10 per share dividend in each subsequent
quarter.
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 exceeding $7 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.hcc.com.
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Contact:
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L. Byron Way, Vice
President
HCC Insurance Holdings, Inc.
Telephone: (713) 690-7300
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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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