HCC Insurance Holdings (HCC) Tops Q3 EPS by 45c
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HCC Insurance Holdings Reports Record Earnings for the Third Quarter and the First Nine Months of 2014
October 28, 2014 4:30 PM EDTHighlights:
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