HCC DECLARES QUARTERLY CASH
DIVIDEND
HOUSTON (May 25, 2007) . . .
HCC Insurance Holdings, Inc. (NYSE symbol: HCC) today announced its
44th 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 July 2, 2007 and will
be paid on or about July 16, 2007. Frank J. Bramanti, 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.
Headquartered in Houston, Texas, 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 exceeding $7.6 billion,
shareholders’ equity of over $2.1 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.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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