Nymagic Reports Net Income of $14.6 Million in Third Quarter

Nymagic Inc. reported net income of $14.6 million during the third quarter, compared to a $50.1 million net loss during the third quarter of 2008.Gross premiums written totaled $49.5 million and net premiums written totaled $37.7 million for the third quarter, compared with gross premiums written of $55.5 million and net premiums written of $39.8 million during the third quarter of 2008, the company said. This represented decreases of 11% and 5%, respectively.For the first nine months of 2009, gross premiums written totaled $167.4 million and net premiums written totaled $126.0 million. That c...