HCC Insurance Holdings, Inc.
News and overview for HCC Insurance Holdings, Inc.
Fitch Ratings Affirms HCC Insurance Holdings; Outlook Stable [Press Release]
Business Wire | 17 days 15 hours ago
Fitch Ratings affirms all ratings for HCC Insurance Holdings, Inc. (NYSE: HCC) as follows:
Health Insurance 2.0 - Cashing in on Social Media [Press Release]
PRNewswire | 3 days 21 hours 53 minutes ago
INDIANAPOLIS, Nov. 19 /PRNewswire/ -- With the increasing popularity of social networking tools like Facebook and Twitter, expectations on both sides of the business/consumer relationship have changed.
HCC Life Insurance Company Renames Short Term Medical Insurance [Press Release]
PRNewswire | 80 days 11 hours 32 minutes ago
...writes over $750 million in premium annually. HCC Life is a wholly-owned subsidiary of HCC Insurance Holdings, Inc. . HCC is rated AA (Very Strong) by Standard & Poor...
A.M. Best Assigns Rating to HCC Insurance Holdings, Inc. s Issuance of Senior Notes [Press Release]
Business Wire | 12 days 14 hours 23 minutes ago
A.M. Best Co. has assigned a debt rating of “a-” to the new issuance of $300 million 6.3% 10-year senior unsecured notes of HCC Insurance Holdings, Inc. (HCC) (headquartered in Houston, TX) [NYSE: HCC]. The assigned outlook is positive. Proceeds from the current offering will be used to repay outstanding indebtedness under HCC’s revolving loan facility.
MMC Reports Third Quarter 2009 Results [Press Release]
Business Wire | 19 days 3 minutes ago
Marsh & McLennan Companies, Inc. (MMC) today reported financial results for the quarter ended September 30, 2009.
New Issue-HCC Insurance Holdings sells $300 mln notes
Reuters | 12 days 14 hours 33 minutes ago
Nov 10 (Reuters) - HCC Insurance Holdings Inc (HCC.N) on Tuesday sold $300 million of senior unsecured notes, said IFR, a Thomson Reuters service.
BetterInvesting Magazine Releases October Stock to Study and Undervalued Stock Choices For Investors' Informational and Educational Use [Press Release]
PRNewswire | 110 days 14 hours 2 minutes ago
...today announced PetMed Express, Inc. (NDQ: PETS) as its October 2009 "Stock to Study" and HCC Insurance Holdings, Inc. as its October "Undervalued...selection, the committee noted HCC Insurance's solid position as...
BRIEF-Moody's rates HCC Insurance senior notes Baa1
Forbes | 11 days 20 hours 13 minutes ago
Nov 11 (Reuters) - HCC Insurance Holdings Inc: * Moody's ( MCO - news - people ) rates HCC's senior notes Baa1, outlook stable
BRIEF-HCC Insurance announces pricing of senior notes offering
Forbes | 12 days 6 hours 34 minutes ago
Nov 10 (Reuters) - HCC Insurance Holdings Inc: * Announces pricing of $300 million senior notes offering Article Controlsemail
Marsh Q3 Revenue Down But Profit Up
Insurance Journal | 18 days 20 hours 56 minutes ago
Marsh & McLennan Companies, Inc. (MMC) reported that for the third quarter of 2009, its consolidated revenue was $2.5 billion, a decline of 11 percent from the third quarter of 2008. Insurance revenue was down 5 percent.
10 Results
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Company Overview
| Company: | HCC Insurance Holdings, Inc. |
|---|---|
| Industry: | Property & Casualty Insurance |
| Website: | http://www.hcch.com |
From skyway to waterway, HCC Insurance Holdings sells specialized property/casualty insurance, underwrites for its own and other insurance companies, and provides related services for commercial and individual customers. Its largest subsidiary is Houston Casualty Corporation. The company's products include direct and reinsurance policies for the aviation, marine, and offshore energy industries; property/casualty and health policies; medical stop-loss; directors' and officers' liability coverage, and workers' compensation and occupational accident insurance. HCC Insurance Holdings subsidiaries also offer surety and life coverage. The company operates in Bermuda, Ireland, Spain, the UK, and the US.
Key Numbers
| Sales in U.S. Dollars (mil.) | 2,279.4 (2008) |
|---|---|
| One-year % Growth in Sales | -4.6 (2008) |
| Net Income in U.S. Dollars (mil.) | 304.8 (2008) |
| One-year % Growth in Net Income | -22.9 (2008) |
| Number of Employees | 1,864 (2008) |
| One-year % Growth in Number of Employees | 10.8 (2008) |
| Fiscal Year-End | December |