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Property-casualty insurer NYMAGIC, subsidiaries ratings reaffirmed

The president and CEO of New York, N.Y.-based NYMAGIC, said the recent ratings affirmation for his company and its subsidiaries is “a confirmation of our financial strength.” NYMAGIC is an insurance...

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New York insurer to pay 10 cent per share dividend

NYMAGIC, a New York-based insurance holding company with property-casualty subsidiaries underwriting ocean marine, inland marine and non-marine liability policies, announced a 10-cent per share...

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ProSight Specialty Insurance to buy NYMAGIC

NYMAGIC is going to be acquired by ProSight Specialty Insurance Holdings, a specialty property-casualty insurance company. Shareholders in the New York-based insurance holding company will receive...

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Pa. lawyer probing board actions in planned NYMAGIC sale to ProSight

A lawyer in Bensalem, Pa., says he has begun an investigation into corporate actions involved the planned sale of New York-based NYMAGIC to ProSight Specialty Insurance Holdings announced last week....

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NYMAGIC declares 10 cent dividend

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...

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NYMAGIC, ProSight Specialty deal approved by shareholders

Shareholders of NYMAGIC approved a merger agreement with ProSight Specialty Insurance Holdings, paving the way for the deal to be completed. Owners of 86.2% of all shares in NYMAGIC  participated in...

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