HCC Insurance — Merger or Acquisition (June 2015)
10 slides from HCC Insurance's merger presentation, Jun 10, 2015
Slide 1: HCC Insurance Holdings, Inc. Town Hall Presentation
HCC INSURANCE HOLDINGS, INC. Town Hall Presentation June 12, 2015
Slide 2: What Happened?
What Happened? HCC entered into agreement to be merged into Tokio Marine Group Transaction was announced publicly on June 10, 2015 Estimated closing in 4 - 6 months 2
Slide 3: Who Is Tokio Marine Group?
Who Is Tokio Marine Group? Established 1879 Market capitalization over $30 billion, or almost 6x HCC’s current size Located in 37 countries with offices in 486 cities around the world 3
Slide 4: Track Record of Successful International Expansion
Kiln Group (2008) • Philadelphia Insurance Companies (2008) • Delphi Financial Group (2012) • Including Safety National and Reliance Standard • 4 COMPANY CONFIDENTIAL – NOT FOR DISTRIBUTION Track Record of Successful International Expansion
Slide 5: Why HCC?
Why HCC? Premier specialty franchise with portfolio of over 100 diverse, largely non-correlated lines of business Underwriting culture with consistent, profitable results Loyal, long-serving employees Opportunity to expand HCC’s existing lines internationally With HCC, Tokio Marine Group’s business
Slide 6: Why Are We Excited?
Why Are We Excited? Outstanding result for our shareholders and employees All senior management, including CEO, will remain at HCC For our employees, workplace responsibilities and compensation will remain the same We will have a truly international footprint – we will be a financial peer to Chubb,
Slide 7: What Does It Mean To You?
What Does It Mean To You? We will continue to do business as HCC Reporting structure will remain the same Existing compensation strategy will continue Personal growth opportunities will be enhanced within a larger, more global organization 7
Slide 8: Disclaimer
Disclaimer 8 ADDITIONAL IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER AND WHERE TO FIND IT: This communication relates to a proposed merger between HCC and a subsidiary of Tokio Marine Holdings, Inc. that will be the subject of a proxy statement that HCC intends to file with the U.S. Securities an
Slide 9: Disclaimer (continued)
Disclaimer (continued) 9 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS: This communication and other written or oral statements made by or on behalf of HCC contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of t
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