**Exhibit 21****HCC INSURANCE HOLDINGS, INC.SUBSIDIARIES**             **State or Country of**    **NAME** **Incorporation**  1.  American Contractors Indemnity Company California 2.  Avemco Corporation Delaware 3.  Avemco Insurance Agency, Inc. Maryland 4.  Avemco Insurance Company Maryland 5.  Avemco Services, Inc. Maryland 6.  cineFinance Insurance Services, LLC California 7.  Continental Underwriters Ltd. Louisiana 8.  Covenant Claims Service, LLC Louisiana 9.  Covenant Underwriters Ltd. Louisiana 10.  Credance Limited United Kingdom 11.  Credit Shield Limited United Kingdom 12.  De Montfort Group Limited United Kingdom 13.  De Montfort Holdings Limited United Kingdom 14.  De Montfort Investments Limited United Kingdom 15.  Dickson Manchester & Company, Limited United Kingdom 16.  HCC Acquisition Sub, Inc. New York 17.  HCC Administrators, Inc. Illinois 18.  HCC Aviation Insurance Group, Inc. Texas 19.  HCC Aviation, Ltd. Texas 20.  HCC Benefits Corporation Delaware 21.  HCC Credit Group, Inc. New York 22.  HCC Diversified Financial Products Limited United Kingdom 23.  HCC Employee Benefits, Inc. Delaware 24.  HCC Employer Services, Inc. Alabama 25.  HCC Employer Services, Inc. Illinois 26.  HCC Global Financial Products of Texas, LLC Texas 27.  HCC Global Financial Products, LLC Delaware 28.  HCC Global Financial Products, SL Spain 29.  HCC Indemnity Guaranty Agency, Inc. New York 30.  HCC Insurance Company Indiana 31.  HCC Insurance Holdings (International) Limited United Kingdom 32.  HCC Intermediate Holdings, Inc. Delaware 33.  HCC International Insurance Company PLC United Kingdom 34.  HCC Life Insurance Company Indiana 35.  HCC Properties, LLC Delaware 36.  HCC Reinsurance Company Limited Bermuda 37.  HCC Risk Management Corporation Texas 38.  HCC Service Company, Ltd. Texas 39.  HCC Service Delaware, LLC Delaware 40.  HCC Specialty Holdings (No. 1) Limited United Kingdom 41.  HCC Specialty Holdings (No. 2) Limited United Kingdom 42.  HCC Specialty Insurance Company Oklahoma 43.  HCC Specialty Insurance Holdings, Ltd. United Kingdom 44.  HCC Specialty Underwriters Agency of New York, Inc. New York 45.  HCC Specialty Underwriters Limited United Kingdom 46.  HCC Specialty Underwriters, Inc. Massachusetts 47.  HCC Strategic Investments (UK) Ltd. United Kingdom 48.  HCC Strategic Investments, LLC Delaware 49.  HCC Surety Group, Inc. Delaware 50.  HCC Trustees Limited United Kingdom 51.  HCC Underwriters, A Texas Corporation Texas 52.  HCCS Corporation Delaware 53.  Heritage Underwriting Agency Plc United Kingdom 54.  Houston Casualty Company Texas 55.  Houston Casualty Company Europe, Seguros y Reaseguros, S.A. Spain 56.  Illium Claims Services Limited United Kingdom 57.  HCCL Holdings Limited United Kingdom 58.  Illium Insurance Services Ltd. United Kingdom 59.  Illium Managing Agency Ltd. United Kingdom 60.  Illium Trustees Ltd. United Kingdom 61.  Illium, Inc. Delaware 62.  InsPro Corporation California 63.  Intellicare, Inc. Alabama 64.  Interra, Inc. Indiana 65.  LDG Insurance Agency Incorporated Massachusetts 66.  LDG Re (London) Ltd. United Kingdom 67.  LDG Re Worldwide Limited Delaware 68.  LDG Re Worldwide Ltd. United Kingdom 69.  LDG Reinsurance Corporation Massachusetts 70.  Loss Management Services, Incorporated Maryland 71.  Loss Management, Inc. Delaware 72.  MAG Acquisition Sub, Inc. Delaware 73.  Manchester Dickson Holdings Limited United Kingdom 74.  Marshall Adjusting Corp. New York 75.  Nameco (No. 808) Ltd. United Kingdom 76.  Occidental Services, Inc. Delaware 77.  PEPYS Holdings Limited United Kingdom 78.  PEPYS Management Services Limited United Kingdom 79.  Perico Life Insurance Company Delaware 80.  Perico Ltd. Missouri 81.  PIA Holdings, Inc. New York 82.  Professional Indemnity Agency, Inc. New Jersey 83.  Professional Indemnity Agency, Inc. of N.Y. New York 84.  Profind Insurance Services Limited United Kingdom 85.  Rattner Mackenzie (Bermuda) Ltd. Bermuda 86.  Rattner Mackenzie (North America), Inc. New York 87.  Rattner Mackenzie Limited United Kingdom 88.  Rattner Mackenzie Limited, (RML) (Exempted) Co. Jordan 89.  SBS Merger Sub, Inc. Delaware 90.  Signal Aviation Insurance Services, Inc. Nevada 91.  Specialty Insurance Underwriters, Inc. Missouri 92.  Specialty Reinsurance Intermediaries, Inc. Massachusetts 93.  Surety Associates Holding Co., Inc. New Mexico 94.  The Centris Group, Inc. Delaware 95.  The Schanen Consulting Group, LLC Georgia 96.  TMD Rattner, LLC New York 97.  TTR, L.L.C. New York 98.  U.S. Specialty Insurance Company Texas 99.  United States Surety Company Maryland 100.  US Holdings, Inc. Delaware 101.  USBenefits Insurance Services, Inc. California 102.  USSC Holdings, Inc. Maryland 103.  VASA Brougher, Inc. Indiana 104.  VASA North America, Inc. Indiana