HCC EUROPE Information

HCC Europe (Houston Casualty Company Europe, Seguros y Reaseguros S.A.) is a subsidiary of HCC Insurance Holdings, Inc., a leading international Specialty Insurance group with offices in the United States, the United Kingdom, Spain and Ireland.\r\nThe Company’s business philosophy is to maximize underwriting profit while managing risk in order to maximize net earnings and grow book value per share.\r\nHCC has achieved an outstanding record of growth and profitability since its founding in 1974 through creative but careful underwriting, opportunistic expansion of existing lines of business and targeted acquisitions.\r\nThe group’s operations consist of highly rated property and casualty and life insurance companies. HCC’s major domestic and international insurance companies have financial strength ratings of AA (Very Strong) from Standard & Poor’s Corporation, A+ (Superior) from A.M. Best Company, Inc., AA (Very Strong) from Fitch Ratings and A1 (Good Security) from Moody’s Investors Service, Inc.