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HCC Insurance Holdings

Tokio Marine HCC
Public
Traded as : HCC
Industry Insurance
Fate Acquired by Tokio Marine
Founder Stephen L. Way
Headquarters Houston, Texas, U.S.A.
Area served
Global
Key people
Christopher J.B. Williams, Chief Executive Officer
William Burke, President
Brad Irick, Chief Financial Officer
Products Specialty insurance products including Medical Stop Loss, Directors and Officers and other types of professional Liability, Aviation, Surety, Public Risk, and Event Cancellation
Revenue Increase$2.3 billion
Increase$345 million
Number of employees
2,500
Divisions Accident & Health, Surety & Credit, Directors & Officers and Professional Liability, U.S. Property & Casualty, International Property & Casualty
Website http://www.tmhcc.com

Tokio Marine HCC is an international specialty insurance group with offices across the United States, the United Kingdom, Spain, and Ireland. The company is based in Houston, Texas, U.S.A. but has major offices in Atlanta, Barcelona, Boston, Chicago, Dallas, Detroit, Farmington (CT), Frederick (MD), Ireland, Leicester (UK), London, Los Angeles, Madrid, Mount Kisco (NY), and New York City.

Tokio Marine HCC underwrites more than 100 classes of Specialty Insurance within five segments:

The company (formerly HCC Insurance Holdings, Inc.) was formed as Houston Casualty Company in 1974 by Stephen L. Way. Since the company's founding, it has been consistently profitable, generally reporting annual increases in revenue and shareholder's equity. The company reports to have paid shareholder dividends for 67 consecutive quarters.

In 2010, it posted $2.6 billion on Gross premiums written, $2.3 in total revenue, earnings of $345 million, and Combined Ratio of less than 85%. Assets exceed $9.1 billion. Tokio Marine HCC was ranked 827 in the 2009 edition of the Fortune 1000. The company has strong financial ratings including an A. M. Best rating of A+ (superior), Standard & Poor's rating of AA- (very strong), and Fitch Group rating of AA- (very strong).


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