The board of directors of New York-based NYMAGIC declared a dividend to shareholders of 10 cents, payable Oct. 6.
NYMAGIC is an insurance holding company whose property and casualty insurance subsidiaries specialize in underwriting ocean marine, inland marine and non-marine liability insurance, and whose agency subsidiaries specialize in establishing markets for such business. The company maintains offices in New York and Chicago.
The company announced in July that it was being acquired for $230 million by ProSight Specialty Insurance Holdings.