HOUSTON, March 9, 2007 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that Annette J. Goodreau has been promoted to Senior Vice President and Chief Actuary and will have responsibility for all actuarial activities of HCC and its subsidiaries. Ms. Goodreau has 20 years of experience and has been with the Company since 1999, most recently as Senior Vice President and Chief Actuary of its U.S property and casualty insurance company subsidiaries. Ms. Goodreau is a Member of the American Academy of Actuaries and a Fellow of the Casualty Actuarial Society (CAS). She is currently serving as Chairperson of the Program Planning Committee of CAS and a member of the CAS Journal Editorial Board.
Frank J. Bramanti, Chief Executive Officer, said, "We are committed to a strong actuarial function and continue to strengthen the depth within our management team. Annette's background and knowledge will help achieve both of these goals."
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 $7.5 billion, shareholders' equity of over $2 billion and is rated AA (Very Strong) by Standard & Poor's and A+ (Superior) by A. M. Best Company.
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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.