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Wednesday, November 25, 2009, 9:45AM ET - U.S. Markets close in 6 hours and 15 minutes. Dow Down 0.00% Nasdaq Up 0.17%
Nymagic Inc. (NYM)At 9:30AM ET: 17.56  Up 0.17 (0.98%)  
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Nymagic Inc.
919 Third Avenue
Floor 10
New York, NY 10022
United States - Map
Phone: 212-551-0600
Fax: 212-986-1310
Web Site: http://www.nymagic.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:159

BUSINESS SUMMARY 
NYMAGIC, Inc., through its subsidiaries, owns and operates insurance companies, risk bearing entities, and insurance underwriters and managers. The company specializes in underwriting ocean marine, inland marine/fire, other liability, and aircraft insurance through insurance pools. It operates through three segments: Ocean Marine, Inland Marine/Fire, and Other Liability. The Ocean Marine segment covers hull and machinery insurance, hull and machinery war risk insurance, cargo insurance, cargo war risk insurance, protection and indemnity, charters’ legal liability, shoreline marine liability exposures, marine contractor’s liability, maritime employers liability, marine umbrella (bumbershoot) liability, onshore and offshore oil and gas exploration and production exposures, energy umbrella (bumbershoot) liability, and petroleum and bulk liquid cargo products. The Inland Marine/Fire segment provides coverage for contractor’s equipment, motor truck cargo, transit floaters, commercial property, and surety. The Other Liability segment offers professional liability lines, such as accountants professional liability, lawyers professional liability, and miscellaneous professional errors and omissions; casualty lines, including contractors liability, commercial and habitational liability, and products liability; and other lines, which comprise excess workers’ compensation, commercial automobile, and employment practices liability. The company has operations in the United States, Europe, Asia, and Latin America. NYMAGIC, Inc. was founded in 1964 and is headquartered in New York, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    Nymagic Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 52.9% of Russell 3000 companies and 44.5% of Insurance companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. A. George Kallop , 63
    Chief Exec. Officer, Pres, Exec. Director, Member of Exec. Committee and Member of Underwriting Committee
    $ 708.00K $ 0
    Mr. Thomas J. Iacopelli , 48
    Chief Financial Officer, Principal Accounting Officer, Exec. VP and Treasurer
    $ 320.00K $ 78.00K
    Mr. Glenn R. Yanoff , 52
    Exec. VP and Pres of MMO Agencies
    $ 425.00K $ 0
    Mr. Paul J. Hart , 58
    Exec. VP, Sec. and Gen. Counsel
    $ 320.00K $ 0
    Mr. George Sutcliffe ,
    Sr. VP of Claims
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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