UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 11-K


(Mark one)

  [X]  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE
             ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2001

                                       OR

  [ ]     TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934


           FOR THE TRANSITION PERIOD FROM              TO            .


                         COMMISSION FILE NUMBER 0-20766


                       HCC INSURANCE HOLDINGS 401(k) PLAN

                          HCC INSURANCE HOLDINGS, INC.
          (Name of Issuer of the securities held pursuant to the Plan)



                             13403 NORTHWEST FREEWAY
                              HOUSTON, TEXAS 77040
                     (Address of principal executive office)


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

                          ----------------------------





                              REQUIRED INFORMATION


1.       Audited Statement of Net Assets Available for Benefits (with Fund
         Information) as of December 31, 2001 and 2000. Incorporated by
         reference to the HCC Insurance Holdings 401(k) Plan Financial
         Statements and Supplemental Schedules attached hereto as Exhibit 99.1.

2.       Notes to Financial Statements (with Fund Information). Incorporated by
         reference to the HCC Insurance Holdings 401(k) Plan Financial
         Statements and Supplemental Schedules attached hereto as Exhibit 99.1.

3.       Schedule I - Schedule of Assets Held for Investment purposes (with Fund
         Information) as of December 31, 2001. Incorporated by reference to the
         HCC Insurance Holdings 401(k) Plan Financial Statements and
         Supplemental Schedules attached hereto as Exhibit 99.1.

4.       Schedule II - Schedule of Nonexempt Transactions for year ended
         December 31, 2001. Incorporated by reference to the HCC Insurance
         Holdings 401(k) Plan Financial Statements and Supplemental Schedules
         attached hereto as Exhibit 99.1.


EXHIBITS



         Exhibit      Description
         -------      -----------
               
         23.1     Consent of PricewaterhouseCoopers LLP

         99.1     HCC Insurance Holdings 401(k) Plan Financial Statements and
                  Supplemental Schedules







                                   SIGNATURES

THE PLAN    Pursuant to the requirements of the Securities Exchange Act of 1934,
            the administrator of the HCC Insurance Holdings 401(k) Plan has duly
            caused this annual report to be signed on its behalf by the
            undersigned thereunto duly authorized, in the City of Houston, State
            of Texas, on the 26th day of June, 2002.

                              HCC INSURANCE HOLDINGS 401(k) PLAN

                              By:  HCC Insurance Holdings, Inc., Administrator


                              By:    /s/ Christopher L. Martin
                                  ------------------------------------
                              Name:  Christopher L. Martin
                                   -----------------------------------
                              Title: Executive Vice President
                                    ----------------------------------




                                  EXHIBIT INDEX




         EXHIBIT
         NUMBER   DESCRIPTION
         -------  -----------
               
         23.1     Consent of PricewaterhouseCoopers LLP

         99.1     HCC Insurance Holdings 401(k) Plan Financial Statements and
                  Supplemental Schedules