HCC Insurance Holdings (HCC) Tops Q4 EPS by 17c

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HCC Insurance Holdings Reports Record Earnings for 2014

February 10, 2015 4:30 PM EST

Highlights:

Net earnings of $458.3 million, or $4.61 per diluted share, for the full year Return on equity of 12.1% and operating return on equity(a) of 11.0% for the full year GAAP combined ratio of 81.9% for the fourth quarter and 82.1% for the full year Gross written premium increased 3% to $691.4 million in the fourth quarter and 4% to $3.0 billion for the full year Book value per share increased 10% for the full year to $40.44

HOUSTON, Feb. 10, 2015 (GLOBE NEWSWIRE) --... More