NYMAGIC, INC. REPORTS 2008 SECOND QUARTER RESULTS
New York, August 4, 2008. NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the quarter ended June 30, 2008. The Company reported net losses of $4.7 million, or $.55 per diluted share for the three months ending June 30, 2008, compared with net earnings of $10.3 million, or $1.12 per diluted share, for the second quarter of 2007.
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A.M. BEST AFFIRMS RATINGS OF NYMAGIC, INC. AND ITS SUBSIDIARIES
New Jersey, June 05, 2008 — A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of New York Marine Group and its members, New York Marine And General Insurance Company (NY Marine) (New York, NY) and Gotham Insurance Company (Gotham) (New York, NY).
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NYMAGIC, INC. ELECTS SIMSES CHAIRMAN, DECLARES DIVIDEND
New York, May 22, 2008 — The Board of NYMAGIC, INC. (NYSE: NYM) announced today that it elected Robert G. Simses as its chairman, effective May 21, 2008.
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NYMAGIC, INC. REPORTS 2008 FIRST QUARTER RESULTS
New York, May 5, 2008 — NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the first quarter ended March 31, 2008. The Company reported a net loss for the three months ended March 31, 2008 of $29.7 million, or $3.42 per share, compared with net earnings of $7.5 million, or $.82 per diluted share, for the first quarter of 2007.
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NYMAGIC, INC. ANNOUNCES THE FORMATION OF MMO AGENCIES, INC.
New York, April 16, 2008 — NYMAGIC, INC. (NYSE: NYM) announced today that it has created a new subsidiary, MMO Agencies, Inc. ("MMO Agencies"), to develop a book of general liability and property business through a nationwide network of select surplus lines brokers.
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NYMAGIC, INC. ANNOUNCES THE ACQUISITION OF A BOOK OF PROFESSIONAL LIABILITY INSURANCE BUSINESS COVERING INSURANCE AGENTS, BROKERS AND RELATED PROFESSIONALS
New York, March 26, 2008 — NYMAGIC, INC. (NYSE: NYM) announced today that it has acquired a book of professional liability insurance covering insurance agents, brokers and related professionals. The Company purchased this book of business through its subsidiary, Mutual Marine Office, Inc. (“MMO”) from Excel Underwriters Alliance, Inc. (Excel), effective March 1, 2008.
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NYMAGIC, INC. ANNOUNCES BOARD CHANGES
New York, March 25, 2008 — NYMAGIC, INC. (NYSE: NYM) announced today that Ronald J. Artinian has been appointed to its Board of Directors, and that Glenn R. Yanoff has resigned as a director of NYMAGIC, INC. Mr. Yanoff will continue to serve as a director of NYMAGIC’s insurance subsidiaries, New York Marine And General Insurance Company and Gotham Insurance Company.
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NYMAGIC, INC. REPORTS 2007 FOURTH QUARTER RESULTS
New York, March 6, 2008 — NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the fourth quarter ended December 31, 2007. The Company reported a net loss for the three months ended December 31, 2007 of $8.3 million, or $.93 per share, compared with net earnings of $7.4 million, or $.80 per diluted share, for the fourth quarter of 2006.
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NYMAGIC, INC. DECLARES DIVIDEND
New York, December 7, 2007 - NYMAGIC, INC. (NYSE: NYM) The Board of Directors of NYMAGIC, INC. (NYSE: NYM) announced today that it has declared a dividend to shareholders of eight cents per share, payable on January 4, 2008 to shareholders of record on December 31, 2007. A. George Kallop, President and CEO...
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NYMAGIC, INC. ANNOUNCES THE TERMINATION OF ITS AGREEMENT WITH SOUTHERN MARINE & AVIATION
New York, November 28, 2007 - NYMAGIC, INC. (NYSE: NYM) today announced that the Company is terminating its program management agreement with Southern Marine & Aviation (SM&A) with regard to business attaching on or after January 1, 2008. Under the program management agreement...
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NYMAGIC, INC. ANNOUNCES SHARE REPURCHASE PLANS
New York, November 20, 2007 - NYMAGIC, INC. (NYSE: NYM) announced today that its Board of Directors has reauthorized the repurchase of up to an aggregate of $12,750,000 of the Company's existing common stock, under the Company's existing Common Stock Repurchase Plan.
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NYMAGIC, INC. ANNOUNCES EXECUTIVES OPTION EXERCISES
New York, November 6, 2007 - NYMAGIC, INC. (NYSE: NYM) today announced that on Friday, November 2, 2007, George Trumbull, its chairman; George Kallop, its President and CEO; and Mark Blackman, its executive Vice President, exercised the number of stock options identified below at the total exercise prices indicated.
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NYMAGIC, INC. REPORTS 2007 THIRD QUARTER RESULTS
New York, November 5, 2007 - NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the third quarter ended September 30, 2007. Net earnings for the three months ending September 30, 2007 were $3.8 million, or $.41 per diluted share, compared with $8.6 million, or $.93 per diluted share, for the third quarter of 2006.
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NYMAGIC, INC. DECLARES DIVIDEND
New York, September 14, 2007 - NYMAGIC, INC. (NYSE: NYM). The Board of Directors announced today that it has declared a dividend to shareholders of eight cents per share, payable on October 3, 2007 to shareholders of record on September 28, 2007.
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NYMAGIC, INC. REPORTS 2007 SECOND QUARTER RESULTS
New York, August  6, 2007 - NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the quarter ended June 30th, 2007. New earnings for the three months ending June 30th 2007 were $10.3 million, or $1.12 per diluted share, compared with $6.1 million, or $.67 per diluted share, for the second quarter of 2006.
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NYMAGIC, INC. AFFILIATE APPROVED TO WRITE SURPLUS LINES BUSINESS IN NEW YORK STATE
New York, July  25, 2007 - NYMAGIC, INC. (NYSE: NYM) announced that its affiliate, Southwest Marine And General Insurance Company, has been approved by the Excess Lines Association of New York (ELANY) to write surplus lines business in the State of New York.
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NYMAGIC, INC. REPORTS CLOSING OF NOVATION AGREEMENT; REALIZES PRE-TAX BENEFIT OF $6.7 MILLION
New York, June 29, 2007 - NYMAGIC, INC. (NYSE: NYM) reported today the successful closing of a Novation Agreement with CRM Holdings, Ltd. and certain of its affiliates (“CRM”). In the transaction, CRM assumed NYM’s rights and obligations with respect to almost all of the excess workers’ compensation policies that NYM had written in conjunction with CRM during the past several years. As a result of the closing of this transaction, NYM will realize a pre-tax benefit of approximately $ 6.7 million.
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NYMAGIC, INC. REPORTS 2007 FIRST QUARTER RESULTS
New York, May 7, 2007 - NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the quarter ended March 31, 2007. Net earnings for the three months ending March 31, 2007 were $7.5 million, or $.82 per diluted share, compared with $7.7 million, or $.85 per diluted share, for the first quarter of 2006.
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NYMAGIC, INC. NAMES LOWENTHAL SVP AND CIO
New York, April 9, 2007.  NYMAGIC, INC. (NYSE: NYM) announced that its Board of Directors has appointed Craig S. Lowenthal Senior Vice President and Chief Information Officer, effective April 2, 2007.
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NYMAGIC, INC. REPORTS 2006 FOURTH QUARTER RESULTS AND DECLARES DIVIDEND
New York, March 5, 2007.  NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the quarter ended December 31, 2006. Net earnings for the three months ending December 31, 2006 were $7.4 million, or $.80 per diluted share, compared with $6.7 million, or $.74 per diluted share, for the fourth quarter of 2005. Net earnings for the year ended December 31, 2006 totaled $29.9 million, or $3.25 per diluted share, compared with $9.7 million, or $1.09 per diluted share, for the year ended December 31, 2005.
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NYMAGIC, INC. TO CONTINUE WRITING EXCESS WORKERS’ COMPENSATION THROUGH MIDLANDS MANAGEMENT COMPANY; AGREEMENT WITH CRM HOLDINGS TERMINATED
New York, January 5, 2007.  NYMAGIC, INC. (NYSE: NYM) reported today that its wholly-owned subsidiary, New York Marine And General Insurance Company, will continue writing a book of excess workers’ compensation insurance through Midlands Management Company (“MMC”), and that its previous reinsurance agreement with Twin Bridges, Ltd., a wholly-owned subsidiary of CRM Holdings, Ltd. (“CRMH”), had been terminated effective December 31, 2006.
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NYMAGIC, INC. DECLARES DIVIDEND
New York, December 7, 2006 – NYMAGIC, INC. (NYSE: NYM) The Board of Directors of NYMAGIC, INC. (NYSE: NYM) announced today that it has declared a dividend to shareholders of eight cents per share, payable on January 4, 2007, to shareholders of record on December 29, 2006. [Read more...]

NYMAGIC, INC. REPORTS 2006 THIRD QUARTER RESULTS
New York, November 6, 2006 – NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the quarter ended September 30, 2006. Net earnings for the three months ending September 30, 2006 were $8.6 million, or $.93 per diluted share, compared with a net loss of $5.2 million, or $.60 per diluted share, for the third quarter of 2005. [Read more...]

NYMAGIC, INC. NAMES GEORGE SUTCLIFFE HEAD OF CLAIMS, DIVIDEND DECLARED
New York, September 18, 2006 – NYMAGIC, INC. (NYSE: NYM) announced today that its Board of Directors has appointed George Sutcliffe Senior Vice President, Claims, effective immediately. [Read more...]

NYMAGIC, INC. TO PRESENT AT KBW CONFERENCE ON SEPTEMBER 7 AT 9:30 A.M.
New York, August 30, 2006 –NYMAGIC, INC. (NYSE:NYM) announced today that A. George Kallop, President & Chief Executive Officer, will speak at the Keefe, Bruyette & Woods, Inc. Insurance Conference on Thursday September 7, 2006 from 9:30 to 10:10 a.m. at the New York Sheraton Hotel. Mr. Kallop’s presentation will provide an overview of the company and discuss its insurance operations, investments and financial results. [Read more...]

NYMAGIC, INC. REPORTS 2006 SECOND QUARTER RESULTS
New York, August 7, 2006 – NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the quarter ended June 30, 2006.Net earnings for the three months ending June 30, 2006 were $6.1 million, or $.67 per diluted share, compared with $5.0 million, or $.56 per diluted share, for the second quarter of 2005. [Read more...]

NYMAGIC, INC. INCREASES DIVIDEND
New York, May 26, 2006 – NYMAGIC, INC. (NYSE: NYM)The Board of Directors of NYMAGIC, INC. (NYSE: NYM) announced today that it has declared a dividend to shareholders of eight cents per share, payable on July 6, 2006 to shareholders of record on June 30, 2006 [Read more...]

NYMAGIC, INC. REPORTS 2006 FIRST QUARTER RESULTS
New York, May 8, 2006 – NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the quarter ended March 31, 2006 [Read more...]

NYMAGIC, INC. REPORTS 2005 FOURTH QUARTER RESULTS
New York, March 6, 2006 – NYMAGIC, INC. (NYSE: NYM) reported today the results of consolidated operations for the fourth quarter and year ended December 31, 2005. [Read more...]

NYMAGIC, INC. DECLARES DIVIDEND
New York, February 22, 2006 – The Board of Directors of NYMAGIC, INC. (NYSE: NYM) announced today that it has declared a dividend to shareholders of six cents per share, payable on April 5, 2006 to shareholders of record on March 31, 2006. [Read more...]

 

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