HCC APPOINTS THOMAS KAISER
PRESIDENT
OF HOUSTON CASUALTY COMPANY AND USSIC
HOUSTON (July 7, 2008) . . .
HCC Insurance Holdings, Inc. (NYSE: HCC) announced today that Thomas
G. Kaiser has been named President of its Houston Casualty Company and U.S.
Specialty Insurance Company (USSIC) subsidiaries. Kaiser will report to
Houston Casualty Company and USSIC Chief Executive Officer Michael J.
Schell.
Kaiser comes to HCC after serving as Executive Vice President and President
of the Marine, Energy and Aviation Special Risks Division of Arch Insurance
Group. His experience before joining Arch in 2002 includes more than 25
years working with Zurich Corporate Solutions, American International Group
and Arkwright Mutual Insurance. Kaiser holds B.S. and M.A. degrees from the
State University of New York.
“Tom Kaiser brings more than three decades of broad and deep insurance
management experience to Houston Casualty Company and USSIC. He is a most
welcome addition to our executive team,” John N. Molbeck, Jr., HCC President
and Chief Operating Officer, 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 Belgium, Bermuda, Ireland, Spain and the United
Kingdom. HCC has assets of nearly $8.2 billion, shareholders’ equity in
excess of $2.5 billion and is rated AA (Very Strong) by Standard & Poor’s
and AA (Very Strong) by Fitch Ratings. In addition, HCC’s domestic property
and casualty insurance companies are rated 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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