John molbeck biography

HOUSTON, March 27, 2006 (PRIMEZONE) -- HCC Insurance Holdings, Inc.

(NYSE:HCC) announced today that John N. Molbeck, Jr. would become the Company's President and Chief Operating Officer and his employment contract will extend through May 31, 2009.

Mr. Molbeck, who is 59 years old, previously held this same position at HCC from 1997 to 2002.

John Niels Molbeck Jr. Previously a Director at HCC INSURANCE HOLDINGS INC. Age: 77Gender: maleRace/Ethnicity: Unconfirmed.

Molbeck re-joined the HCC Board in April , will remain a Director during his tenure as President and is expected to stay on the Board after.

University of Houston Bachelor of Science - BS Political Science and Government - Pepperdine Graziadio Business School Graphic.

The Company's Board of Directors has appointed John N. Molbeck, Jr. Chief Executive Officer of HCC, succeeding Frank J. Bramanti, who is retiring as CEO.

This didn't happen overnight.

Most recently he was Chief Executive Officer for Jardine Lloyd Thompson, a North American subsidiary of a U.K.-listed insurance broking concern, from which he retired in 2005. Mr. Molbeck re-joined the HCC Board in April 2005, will remain a Director during his tenure as President and is expected to stay on the Board after he retires.

Stephen L. Way, Chairman and Chief Executive Officer of HCC, said, "John knows the Company very well and he will add real strength to the corporate management group." Mr. Way added, "John will fill an immediate need at the position of Preside