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Last $77.50 USD
Change Today +0.21 / 0.27%
Volume 1.4M
HCC On Other Exchanges
Symbol
Exchange
New York
As of 6:40 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

hcc insurance holdings inc (HCC) Snapshot

Open
$77.36
Previous Close
$77.29
Day High
$77.59
Day Low
$77.27
52 Week High
07/23/15 - $77.99
52 Week Low
10/16/14 - $47.11
Market Cap
7.4B
Average Volume 10 Days
1.9M
EPS TTM
$3.97
Shares Outstanding
95.5M
EX-Date
09/29/15
P/E TM
19.5x
Dividend
$1.18
Dividend Yield
1.52%
Current Stock Chart for HCC INSURANCE HOLDINGS INC (HCC)

hcc insurance holdings inc (HCC) Related Businessweek News

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hcc insurance holdings inc (HCC) Details

HCC Insurance Holdings, Inc. underwrites non-correlated specialty insurance products worldwide. The company operates in five segments: U.S. Property & Casualty, Professional Liability, Accident & Health, U.S. Surety & Credit, and International. The U.S. Property & Casualty segment provides aviation, primary and excess casualty, small account errors and omissions (E&O) liability, employment practices liability (EPLI), disability, contingency, public risk, technical and construction property, title and mortgage reinsurance, residual value, and brown water marine products in the United States. The Professional Liability segment offers directors’ and officers’ (D&O) liability, large account E&O liability, fiduciary liability, fidelity and bankers’ blanket bonds, EPLI, transactional insurance, and cyber liability in the United States and internationally. The Accident & Health segment provides medical stop-loss, and short-term domestic and international medical coverages in the United States. The U.S. Surety & Credit segment offers contract surety bonds, commercial surety bonds, and bail bonds; credit insurance policies that insure against the risk of non-payment on trade-related transactions and financings; and political risk insurance in the United States. The International segment provides energy, ocean marine, property treaty, surety, credit, liability, direct and facultative property, accident and health, and other smaller product lines internationally. The company markets its products directly to consumers, as well as through a network of independent agents and brokers, and managing general agents. HCC Insurance Holdings, Inc. was founded in 1974 and is headquartered in Houston, Texas.

2,472 Employees
Last Reported Date: 08/5/15
Founded in 1974

hcc insurance holdings inc (HCC) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: $2.0M
President and Chief Operating Officer
Total Annual Compensation: $1.0M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $600.0K
Executive Vice President
Total Annual Compensation: $750.0K
Compensation as of Fiscal Year 2014.

hcc insurance holdings inc (HCC) Key Developments

HCC Insurance Holdings Inc. Declares Regular Cash Dividend Payable on or About October 15, 2015

HCC Insurance Holdings Inc. board of directors has declared a regular cash dividend of $0.295 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, 2015 and will be paid on or about October 15, 2015.

HCC Insurance Holdings Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

HCC Insurance Holdings Inc. announced earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net earnings of $80.4 million, or $0.84 per diluted share, in the second quarter of 2015, compared to $97.1 million, or $0.97 per diluted share, in the same quarter of 2014. Net earnings in 2015 included after-tax losses from its recently acquired agriculture business of $2.2 million, or $0.02 per share, in second quarter. Net earnings also included after-tax foreign currency expense of $6.7 million, or $0.07 per share, in the second quarter of 2015, compared to $1.8 million, or $0.02 per share, in the same quarter of 2014. This result partially reversed the $11.7 million after-tax foreign currency benefit recorded in the first quarter of 2015. Net written premium increased 18% to $766.1 million in the second quarter of 2015, versus $647.0 million in the same quarter of 2014. Net earned premium increased 12% to $641.8 million in the second quarter of 2015, compared to $572.2 million in the same quarter of 2014. Excluding ProAg, gross written premium decreased 2%, net written premium was flat and net earned premium increased 3% in the second quarter of 2015, compared to the same quarter of 2014. For the first six months of 2015, compared to the same period of 2014, gross written premium increased 14% to $1.8 billion; net written premium increased 16% to $1.4 billion; and net earned premium increased 9% to $1.2 billion. Excluding ProAg, gross written premium decreased 1%, net written premium increased 2% and net earned premium increased 3% in the first six months of 2015, compared to the same period of 2014. As of June 30, 2015, HCC's fixed HCC generated cash flow from operations of $32.8 million compared to $195.3 million in the same period of 2014. Net earnings were $193.3 million, or $2.01 per diluted share versus $205.0 million, or $2.04 per diluted share, in the same period of 2014. Book value per share increased to $40.94. Annualized return on equity of 9.9%. Annualized operating return on equity of 9.5%.

HCC Insurance Holdings Inc. to Report Q2, 2015 Results on Jul 28, 2015

HCC Insurance Holdings Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 28, 2015

 

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HCC:US $77.50 USD +0.21

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Industry Analysis

HCC

Industry Average

Valuation HCC Industry Range
Price/Earnings 16.9x
Price/Sales 2.7x
Price/Book 1.9x
Price/Cash Flow 16.5x
TEV/Sales 2.2x
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