Key Developments For HCC Insurance Holdings, Inc.
HCC Insurance Holdings, Inc. (HCC) (NYSE Arca)
HCC Insurance Holdings, Inc. Declares Quarterly Dividend
HCC Insurance Holdings, Inc. announced that its Board of Directors has declared a regular cash dividend of $0.135 per share on the Company's shares of $1.00 par value common stock. The dividend is payable to stockholders of record on January 4, 2010 and will be paid on or about January 18, 2010.
HCC Insurance Holdings, Inc. Announces Pricing Of $300 Million Senior Notes Offering
HCC Insurance Holdings, Inc. announced that it has priced an offering of $300 million aggregate principal amount of 6.300% Senior Notes due 2019 under its shelf registration statement. The net proceeds of the offering will be used to pay down a portion of HCC's credit facility. Banc of America Securities LLC, J.P. Morgan Securities Inc. and Wells Fargo Securities, LLC are the Joint Book Running Managers for the offering,
HCC Insurance Holdings, Inc. Announces Sale of Rattner Mackenzie Limited To Guy Carpenter
HCC Insurance Holdings, Inc. announced that it has executed an agreement to sell all of the issued shares of its reinsurance broker affiliate Rattner Mackenzie Limited (RML) to Guy Carpenter & Company, LLC (Guy Carpenter). The transaction is expected to close in October 2009. Terms of the transaction have not been disclosed.
HCC Insurance Holdings, Inc. Announces Increase in Quarterly Cash Dividend
HCC Insurance Holdings, Inc. announced that the Board of Directors have declared a regular cash dividend of $0.135 per share on the Company's shares of $1.00 par value common stock. The dividend is payable to stockholders of record on October 1, 2009, and will be paid on or about October 14, 2009.
HCC Insurance Holdings, Inc. Elects Mr. Whamond As CFO-Form 8-K
HCC Insurance Holdings, Inc. reported in its Form 8-K that Mr. Whamond has elected to assume the position of Chief Financial Officer effective August 11, 2009.
