HCC Second-Quarter Profit Up 29%
NU Online News Service, Aug. 8, 1:55 p.m. EDT?HCC Insurance Holdings Inc., a Houston-based specialty insurer, posted $34.7 million for its second-quarter profit, a 29 percent jump from $26.8 million in income reported one year ago.
"This earnings growth is at the high end of the previously announced range of 20 to 30 percent and, barring any major catastrophe, we anticipate achieving a similar result for the full year 2003," commented Stephen Way, HCC's chief executive officer.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
