NYMAGIC® amalgamates press releases from PR Newswire, articles from popular news sources, and corporate disclosures.
New York, February 26, 2010. NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the fourth quarter ended December 31, 2009. The Company reported net income of $13.2 million, or $1.53 per diluted share for the three months ended December 31, 2009, compared with net losses of $(19.8) million, or $(2.36) per diluted share, for the fourth quarter of 2008. Net income for the year ended December 31, 2009 totaled $45.5 million, or $5.26 per diluted share, compared with net losses of $(104.3) million, or $(12.23) per diluted share, for the year ended December 31, 2008.
New York, December 10, 2009 – The Board of Directors of NYMAGIC, INC. (NYSE: NYM) announced today that it has declared a dividend to shareholders of $.06 per share, payable on January 6, 2010 to shareholders of record on December 31, 2009.
New York, November 3, 2009. NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the third quarter ended September 30, 2009. The Company reported net income of $14.6 million, or $1.68 per diluted share for the three months ended September 30, 2009, compared with net losses of $(50.1) million, or $(5.96) per diluted share, for the third quarter of 2008. Net income for the nine months ended September 30, 2009 totaled $32.3 million, or $3.74 per diluted share, compared with net losses of $(84.6) million, or $(9.85) per diluted share, for the nine months ended September 30, 2008.
New York, September 21, 2009 – A. George Kallop, President and Chief Executive Officer of NYMAGIC, INC. (NYSE: NYM), announced today that the Company has entered into a consulting agreement with Mark Blackman extending through December 31, 2010...
New York, September 17, 2009 – The Board of Directors of NYMAGIC, INC. (NYSE: NYM) announced today that it has declared a dividend to shareholders of $.06 per share, payable on October 6, 2009 to shareholders of record on September 30, 2009. This quarterly dividend represents an increase of two cents a share over recent previous quarterly dividends of $.04 per share declared by the Company.
NYMAGIC, INC. (NYSE: NYM) announced today the appointment of senior officers at its subsidiary, Mutual Marine Office, Inc. Tim McAndrew has been appointed Executive Vice President and Chief Underwriting Officer– Ocean Marine. In addition, Ed Skoch
New York, August 3, 2009. NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the second quarter ended June 30, 2009. The Company reported net income of $14.2 million, or $1.65 per diluted share for the three months ended June 30, 2009...
New York, June 24, 2009. NYMAGIC, INC. (NYSE: NYM) reported today that A.M. Best Co. has affirmed the financial strength rating of A (Excellent) for New York Marine Group and its two principal insurance company subsidiaries, New York Marine and General Insurance Company and Gotham Insurance Company. A.M. Best Co. has also affirmed the financial strength rating of A- (Excellent) for the Company's newest insurance company subsidiary, Southwest Marine and General Insurance Company. A.M. Best's outlook for all ratings is: "Stable." All of the above ratings remain unchanged from the prior year...
New York, May 21, 2009. The Board of Directors of NYMAGIC, INC. (NYSE: NYM) announced today that it has declared a dividend to shareholders of $.04 per share, payable on July 7, 2009 to shareholders of record on June 30, 2009...
New York, May 4, 2009. NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the first quarter ended March 31, 2009. The Company reported net income of $3.5 million, or $.40 per diluted share for the three months ended March 31, 2009, compared with net losses of $(29.7) million, or $(3.42) per diluted share, for the first quarter of 2008. Book value per share, calculated on a fully diluted basis, increased from $19.11 at December 31, 2008 to $19.91 at March 31, 2009...
New York, March 10, 2009 — NYMAGIC, INC. (NYSE: NYM) announced today that Mark W. Blackman and Dennis H. Ferro have been appointed to its Board of Directors, expanding its number to 13...