HCC Insurance Holdings (HCC) Tops Q3 EPS by 45c

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Go back to HCC Insurance Holdings (HCC) Tops Q3 EPS by 45c

HCC Insurance Holdings Reports Record Earnings for the Third Quarter and the First Nine Months of 2014

October 28, 2014 4:30 PM EDT

Highlights:

Record net earnings of $140.3 million, or $1.41 per diluted share, for third quarter Record net earnings of $345.3 million, or $3.45 per diluted share, for first nine months GAAP combined ratio of 80.1% for third quarter and 82.2% for first nine months Annualized return on equity of 14.4% for third quarter and 12.2% for first nine months Annualized operating return on equity(a) of 11.3% for third quarter and 10.9% for first nine months Gross written premium increased 8% to $730.8 million for third quarter and 5% to $2.3... More