EXHIBIT 99.5

SCHEDULE 1

HCC INSURANCE HOLDINGS, INC.

SUMMARY OF INVESTMENTS
OTHER THAN INVESTMENTS IN RELATED PARTIES
(In thousands)

December 31, 2008
Column A	Column B		Column C		Column D
					Amount at Which
					Shown in the
Type of Investment	Cost		Value		Balance Sheet
Available for sale fixed maturities:
Bonds — United States government and government agencies and authorities	$	196,856	$	206,288	$	206,288
Bonds — states, municipalities and political subdivisions		805,065		808,697		808,697
Bonds — special revenue		1,177,256		1,182,838		1,182,838
Bonds — corporate		517,794		511,638		511,638
Asset-backed and mortgage-backed securities		1,048,647		1,040,866		1,040,866
Bonds — foreign		372,921		382,838		382,838
Total available for sale fixed maturities		4,118,539		4,133,165		4,133,165
Held to maturity fixed maturities:
Bonds — United States government and government agencies and authorities		21,319		21,823		21,319
Bonds — foreign		102,234		103,738		102,234
Total held to maturity fixed maturities		123,553		125,561		123,553
Total fixed maturities		4,242,092	$	4,258,726		4,256,718
Equity securities:
Common stocks — industrial and miscellaneous		16		16		16
Total equity securities		16	$	16		16
Short-term investments		497,477				497,477
Other investments		50,072				50,072
Total investments	$	4,789,657			$	4,804,283

S-1

SCHEDULE 2

HCC INSURANCE HOLDINGS, INC.

CONDENSED FINANCIAL INFORMATION OF REGISTRANT
BALANCE SHEETS
(In thousands)

	December 31,
	2008		2007
	(as adjusted)		(as adjusted)
ASSETS
Cash	$	101	$	440
Short-term investments		12,164		36,479
Investment in subsidiaries		2,734,112		2,596,741
Intercompany loans to subsidiaries for acquisitions		297,735		217,041
Receivable from subsidiaries		40,520		52,683
Other assets		7,244		42,997
Total assets	$	3,091,876	$	2,946,381
LIABILITIES AND SHAREHOLDERS’ EQUITY
Payable to subsidiaries	$	37,443	$	88,255
Notes payable		343,649		319,471
Deferred Federal income tax		17,973		20,847
Accounts payable and accrued liabilities		52,788		74,113
Total liabilities		451,853		502,686
Total shareholders’ equity		2,640,023		2,443,695
Total liabilities and shareholders’ equity	$	3,091,876	$	2,946,381

See Notes to Condensed Financial Information.

S-2

SCHEDULE 2

HCC INSURANCE HOLDINGS, INC.

CONDENSED FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF EARNINGS
(In thousands)

	Years Ended December 31,
	2008		2007			2006
	(as adjusted)		(as adjusted)			(as adjusted)
Equity in earnings of subsidiaries	$	308,227	$	401,973		$	351,657
Interest income from subsidiaries		13,328		9,345			8,196
Net investment income		626		1,794			2,698
Other operating income (loss)		10,006		(103	)		1,130
Total revenue		332,187		413,009			363,681
Interest expense		19,413		14,916			15,931
Other operating expense		6,358		12,060			16,172
Total expense		25,771		26,976			32,103
Earnings before income tax expense		306,416		386,033			331,578
Income tax expense (benefit)		4,296		(5,520	)		(6,333	)
Net earnings	$	302,120	$	391,553		$	337,911

See Notes to Condensed Financial Information.

S-3

SCHEDULE 2

HCC INSURANCE HOLDINGS, INC.

CONDENSED FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF CASH FLOWS
(In thousands)

	Years Ended December 31,
	2008			2007			2006
	(as adjusted)			(as adjusted)			(as adjusted)
Operating Activities:
Net earnings	$	302,120		$	391,553		$	337,911
Adjustments to reconcile net earnings to net cash provided by operating activities:
Undistributed net income of subsidiaries		(168,834	)		(371,873	)		(272,409	)
Change in accrued interest receivable added to intercompany loan balances		(13,328	)		(9,345	)		(7,788	)
Change in accounts payable and accrued liabilities		(28,268	)		18,812			5,788
Other, net		21,630			(5,378	)		1,978
Cash provided by operating activities		113,320			23,769			65,480
Investing Activities:
Cash contributions to subsidiaries		—			(227	)		(64,299	)
Payments for purchase of businesses, net of cash received		(15,500	)		(12,021	)		(23,455	)
Change in short-term investments		24,315			(16,587	)		18,290
Sales and maturities of fixed income securities		—			—			30,587
Cost of securities acquired		—			(912	)		(10,626	)
Proceeds from sale of strategic investment		22,382			—			—
Change in receivable/payable from subsidiaries		(3,102	)		—			—
Intercompany loans to businesses for acquisitions		(88,409	)		(52,257	)		(32,708	)
Payments on intercompany loans to subsidiaries		24,245			52,570			33,461
Cash used by investing activities		(36,069	)		(29,434	)		(48,750	)
Financing Activities:
Advances on line of credit		181,000			232,000			140,000
Payments on line of credit and notes payable		(161,000	)		(204,437	)		(140,249	)
Sale of common stock, net of costs		18,198			24,533			18,999
Purchase of common stock		(63,335	)		—			—
Dividends paid		(52,453	)		(46,158	)		(38,923	)
Cash provided (used) by financing activities		(77,590	)		5,938			(20,173	)
Net increase (decrease) in cash		(339	)		273			(3,443	)
Cash at beginning of year		440			167			3,610
Cash at end of year	$	101		$	440		$	167

See Notes to Condensed Financial Information.

S-4

HCC INSURANCE HOLDINGS, INC.

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

NOTES TO CONDENSED FINANCIAL INFORMATION

(1)	The accompanying condensed financial information should be read in conjunction with the consolidated financial statements and the related notes thereto of HCC Insurance Holdings, Inc. and Subsidiaries. Investments in subsidiaries are accounted for using the equity method. As discussed in Note 1 to the consolidated financial statements, we adopted FSP APB 14-1 and FSP EITF 03-6-1 on January 1, 2009. All amounts in the accompanying condensed financial information have been adjusted for the retrospective application of these new accounting standards.
(2)	Intercompany loans to subsidiaries are demand notes issued primarily to fund the cash portion of acquisitions. They bear interest at a rate set by management, which approximates the interest rate charged for similar debt. At December 31, 2008, the interest rate on intercompany loans was 6.75%.
(3)	Other operating expense includes $5.8 million in 2007 and $12.0 million in 2006 related to the company’s stock option investigation.
(4)	Dividends received from subsidiaries were $139.4 million, $30.1 million, and $79.2 million in 2008, 2007 and 2006, respectively.

S-5

SCHEDULE 3

HCC INSURANCE HOLDINGS, INC.

SUPPLEMENTARY INSURANCE INFORMATION

(In thousands)

Column A	Column B		Column C		Column D		Column F		Column G		Column H		Column I		Column J		Column K
			(1)		(1)				(2)						(3)
	December 31,						Years Ended December 31,
											Benefits,		Amortization
	Deferred		Future Policy								Claims,		of Deferred
	Policy		Benefits, Losses,						Net		Losses and		Policy		Other
	Acquisition		Claims and Loss		Unearned		Premium		Investment		Settlement		Acquisition		Operating		Premium
Segments	Costs		Expenses		Premiums		Revenue		Income		Expenses		Costs		Expenses		Written
2008
Insurance Company	$	125,529	$	3,479,465	$	977,426	$	2,007,774	$	159,452	$	1,211,873	$	381,441	$	115,737	$	2,060,618
Agency										4,529						85,286
Other Operations										55						5,161
Corporate										715						27,325
Total	$	125,529	$	3,479,465	$	977,426	$	2,007,774	$	164,751	$	1,211,873	$	381,441	$	233,509	$	2,060,618
2007
Insurance Company	$	123,805	$	3,293,279	$	943,946	$	1,985,086	$	192,487	$	1,183,947	$	366,610	$	127,942	$	1,985,609
Agency										9,520						73,518
Other Operations										2,497						3,032
Corporate										1,958						37,150
Total	$	123,805	$	3,293,279	$	943,946	$	1,985,086	$	206,462	$	1,183,947	$	366,610	$	241,642	$	1,985,609
2006
Insurance Company	$	117,461	$	3,167,974	$	920,350	$	1,709,189	$	137,896	$	1,011,856	$	319,885	$	110,438	$	1,812,552
Agency										9,484						70,151
Other Operations										2,610						1,839
Corporate										2,814						39,896
Total	$	117,461	$	3,167,974	$	920,350	$	1,709,189	$	152,804	$	1,011,856	$	319,885	$	222,324	$	1,812,552

(1)	Columns C and D are shown ignoring the effects of reinsurance.
(2)	Net investment income was allocated to the subsidiary, and therefore the segment, on which the related investment asset was recorded.
(3)	Other operating expenses is after all corporate expense allocations have been charged or credited to the individual segments.

Note: Column E is omitted because we have no other policy claims and benefits payable.

S-6

SCHEDULE 4

HCC INSURANCE HOLDINGS, INC.

REINSURANCE

(In thousands)

Column A	Column B		Column C		Column D		Column E		Column F
					Assumed from				Percent of
			Ceded to Other		Other				Amount
	Direct Amount		Companies		Companies		Net Amount		Assumed to Net
Year ended December 31, 2008
Life insurance in force	$	1,348,357	$	370,205	$	—	$	978,152		—	%
Earned premium:
Property and liability insurance	$	1,344,569	$	405,049	$	271,433	$	1,210,953		22	%
Accident and health insurance		746,643		41,778		91,956		796,821		12	%
Total	$	2,091,212	$	446,827	$	363,389	$	2,007,774		18	%
Year ended December 31, 2007
Life insurance in force	$	1,267,547	$	417,479	$	—	$	850,068		—	%
Earned premium:
Property and liability insurance	$	1,329,889	$	415,699	$	291,592	$	1,205,782		24	%
Accident and health insurance		671,440		34,495		142,359		779,304		18	%
Total	$	2,001,329	$	450,194	$	433,951	$	1,985,086		22	%
Year ended December 31, 2006
Life insurance in force	$	1,371,637	$	374,753	$	—	$	996,884		—	%
Earned premium:
Property and liability insurance	$	1,246,650	$	408,632	$	255,303	$	1,093,321		23	%
Accident and health insurance		543,986		30,614		102,496		615,868		17	%
Total	$	1,790,636	$	439,246	$	357,799	$	1,709,189		21	%

S-7

SCHEDULE 5

HCC INSURANCE HOLDINGS, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

(In thousands)

	2008			2007			2006
Reserve for uncollectible reinsurance:
Balance at beginning of year	$	8,530		$	14,883		$	12,141
Provision charged to expense		—			2,231			5,649
Amounts written off		(103	)		(8,584	)		(2,907	)
Balance at end of year	$	8,427		$	8,530		$	14,883
Allowance for doubtful accounts:
Balance at beginning of year	$	6,387		$	6,514		$	7,394
Provision charged to expense		770			1,124			576
Amounts written off and other		(1,777	)		(1,251	)		(1,456	)
Balance at end of year	$	5,380		$	6,387		$	6,514

S-8