HOUSTON, March 24, 2006 (PRIMEZONE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that Robert F. Thomas has been promoted from Senior Vice President to the position of Executive Vice President of the Company.
Mr. Thomas, who is 42 years old and currently Chief Executive Officer of the Group's credit and surety companies, will also be responsible to coordinate all ceded reinsurance in his new position.
Stephen L. Way, Chairman and Chief Executive Officer of HCC, said, "Bob continues to grow in his corporate responsibilities and his great deal of experience with reinsurance from his time with E.W. Blanch / Benfield will be put to good use at HCC."
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 $7.0 billion and is rated AA (Very Strong) by Standard & Poor's and A+ (Superior) by A. M. Best Company.
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.
For more information, visit our website at www.hcc.com.
The HCC Insurance Holdings, Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1977