Insight and Intelligence on the London & International Insurance Markets

28 March 2015

Search archive

Record quarter and year for HCC Insurance earnings

12 February 2013

HCC Insurance Holdings earned record fourth quarter profits of $108.1mn, compared to $78.3mn in the prior-year period, as cat losses were more than offset by reserve releases.

The quarterly performance pushed the US insurer to best ever profits for the year too, as it booked net earnings of $391.2mn, up from $255.2mn in 2011.

The company benefitted from net favourable development of $35.4mn in Q4 2012 that included $18.9mn of releases from prior-year catastrophe reserves and was well ahead of...

If you are a non-subscriber but would like to be able to view this article, then please email Annie Lightholder on


Insider Publishing Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2015. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.