EXHIBIT 21
HCC INSURANCE HOLDINGS, INC.
SUBSIDIARIES
STATE OR COUNTRY
NAME OF INCORPORATION
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1. 7200 Copperfield Company, LLC Alabama
2. Avemco Corporation Delaware
3. Avemco Financial Services Inc. Maryland
4. Avemco Insurance Company Maryland
5. Aviation & Marine Premium Acceptance Corporation Texas
6. Centris Insurance Company Indiana
7. Centris Underwriting Agencies Indiana
8. Eagle Aerobatic Flight Team, Inc. Wisconsin
9. Eastern Aviation & Marine Underwriters, Inc. Maryland
10. Guarantee Insurance Resources, Inc. Georgia
11. HCC Acquisitions (U.K.) Limited United Kingdom
12. HCC Administrators, Inc. Illinois
13. HCC Aviation Insurance Group Texas
14. HCC Benefits Corporation Delaware
15. HCC Employee Benefits, Inc. Delaware
16. HCC Employer Services, Inc. Alabama
17. HCC Employer Services, Inc. Illinois
18. HCC Intermediaries, Inc. Texas
19. HCC Intermediate Holdings, Inc. Delaware
20. HCC Life Insurance Company Indiana
21. HCC Reinsurance Company Limited Bermuda
22. HCC Risk Management, Inc. Indiana
23. HCC Service Company, GP Texas
24. HCC Corporation Delaware
25. HCC Service Delaware, LLC Delaware
26. HCC Underwriters, a Texas Corporation Texas
27. Houston Casualty Company Texas
28. Interra, Inc. Indiana
29. Interra Reinsurance Group, Inc. Indiana
30. KFA, Inc. Oklahoma
31. KIMCO, LLC Alabama
32. LDG Insurance Agency Incorporated Massachusetts
33. LDG Reinsurance Corporation (London) Limited Delaware
34. LDG Reinsurance Corporation Massachusetts
35. Loss Management Services, Inc. Maryland
36. Managed Group Underwriting, Inc. Kansas
37. Matterhorn Bank Programs, Inc. Maryland
38. MEDEKS International Saglik Ve Sigorta Destek Idari Hizmetleri A.S. (Turkey) Turkey
39. Merger Sub, Inc. Texas
40. Merger Sub of Alabama, Inc. Alabama
41. Middle East Insurance Brokers, Limited (Jordan) Jordan
42. Midwest Stop Loss Underwriters, Incorporated Minnesota
43. PEPYS Holdings Limited (U.K.) United Kingdom
44. PEPYS Management Services Limited (U.K.) United Kingdom
45. Professional Audit Service, Inc. Alabama
46. Rattner Mackenzie Limited (U.K.) United Kingdom
47. SBS Insurance Holdings, a Texas Corporation Texas
48. Select Benefits, Inc. Indiana
49. Signal Aviation Insurance Services, Inc. Nevada
50. Specialty Insurance Underwriters, Inc. Missouri
51. The Centris Group, Inc. Delaware
52. The Wheatley Group, Ltd. New York
53. Trafalgar Insurance Company Oklahoma
54. USBenefits Insurance Services, Inc. California
55. US Holdings, Inc. Delaware
56. US Medcare Review, Inc. Illinois
57. U.S. Specialty Insurance Company Texas
58. Universal Loss Management, Inc. Delaware
59. VASA Brougher, Inc. Indiana
60. VASA Insurance Group, Inc. Indiana
61. VASA North America, Inc. Indiana