NYMAGIC, INC. reported that A.M. Best Company, Inc. reaffirmed its “A” (Excellent) rating for NYMAGIC’s insurance company subsidiaries New York Marine And General Insurance Company and Gotham Insurance Company.
Commenting on the report, George Trumbull, NYMAGIC’s chairman and CEO said, “The ‘A’ rating is a reflection of our strong capitalization, expertise in underwriting and history of earnings.”
NYMAGIC, INC. is a 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.
Was this article valuable?
Here are more articles you may enjoy.
After 55 Years in Florida Insurance, Tom Lynch Reflects on Agencies, Changes Needed 
Zurich CEO Says Staff Let Go as Regulator Finma Imposes Partial Sales Ban 
Great American Escapes Coverage for Grocery’s Opioid Litigation Settlement 
Police Am-Bush Catches 74 Drivers Using Cell Phones 
