Fitch affirms HCC

Fitch Ratings said it affirmed all ratings of HCC Insurance Holdings, Inc., including HCC's A issuer default rating , A- senior debt rating and the AA- insurer financial strength rating of Houston Casualty Co. and several other insurance subsidiaries.

The outlook is stable.

Fitch said that the ratings continue to be based on HCC's market position in a number of specialty insurance segments, as well as the company's solid capital position at its insurance subsidiaries and at the parent holding company, conservative investment profile, adequate loss reserves and favorable historical underwriting performance.

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