8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 11, 2010
Date of Report
(Date of earliest event reported)

HCC Insurance Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-13790	76-0336636
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

13403 Northwest Freeway
Houston, Texas 77040-6094
(Address of principal executive offices, including zip code)

(713) 690-7300
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

     On January 11, 2010, we issued a press release announcing the final settlement on January 5, 2010 of the redemption and conversion of our 1.30% Convertible Notes due 2023. The announcement is furnished as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statement and Exhibits.

No.	Exhibit
99.1	Press Release dated January 11, 2010.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HCC Insurance Holdings, Inc.
Dated: January 11, 2010	By:	/s/ Randy D. Rinicella
		Randy D. Rinicella,
		Senior Vice President and General Counsel

Exhibit Index

No.	Exhibit
99.1	Press Release dated January 11, 2010.

EX-99.1

Exhibit 99.1

HCC INSURANCE HOLDINGS, INC. COMPLETES
REDEMPTION OF 1.3% CONVERTIBLE NOTES

HOUSTON (January 11, 2010) . . .

HCC Insurance Holdings, Inc. (NYSE: HCC) announced today that, following the issuance of a notice of redemption for the outstanding $124.7 million of 1.3% Convertible Notes due 2023 (the “Notes”), holders of $124.6 million elected to convert their Notes into a combination of cash and common stock at a conversion price of $22.65 per share on or before the conversion deadline. The remainder of the Notes were redeemed according to their terms on December 21, 2009.

The company paid $124.6 million in cash and issued 1,039,903 shares of common stock in connection with the above transaction.

Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. is a leading international specialty insurance group with offices across the United States and in the United Kingdom, Spain and Ireland. As of September 30, 2009, HCC had assets of $9.0 billion and shareholders’ equity of $3.0 billion. HCC is rated AA (Very Strong) by Standard & Poor’s and AA (Very Strong) by Fitch Ratings. In addition, HCC’s major domestic insurance companies are rated A+ (Superior) by A.M. Best Company.

For more information about HCC, please visit http://www.hcc.com.

Contact: Jen Browne, Investor Relations Coordinator

HCC Insurance Holdings, Inc.
Telephone: (713) 996-1144

Forward-looking statements contained in this press release are made under “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The types of risks and uncertainties which may affect the Company are set forth in its periodic reports filed with the Securities and Exchange Commission.

*   *   *   *   *