HCC DECLARES 46TH QUARTERLY CASH
DIVIDEND
HOUSTON (December
20, 2007) . . .
HCC Insurance Holdings, Inc. (NYSE: HCC)
today announced its 46th 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 January 2, 2008 and will be paid on
or about January 14, 2008.
“The payment of this 46th consecutive quarterly dividend is one more clear
illustration of the financial strength and consistency of HCC Insurance
Holdings,” 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 Bermuda, Spain, Ireland and the United Kingdom. HCC has
assets of more than $8.0 billion, shareholders’ equity in excess of $2.3
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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