Navigators Group (NAVG) Tops Q1 EPS by 14c

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Go back to Navigators Group (NAVG) Tops Q1 EPS by 14c

Navigators Reports First Quarter 2016 Earnings

May 5, 2016 4:03 PM EDT

STAMFORD, Conn., May 05, 2016 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ: NAVG) reported net income of $22.9 million, or $1.54 per diluted share, for the three months ended March 31, 2016 compared to $25.9 million, or $1.77 per diluted share, for the comparable period in 2015. Operating earnings were $20.2 million, or $1.36 per diluted share, for the three months ended March 31, 2016 compared to $20.9 million, or $1.43 per diluted share, for the comparable period in 2015. 

Gross written premiums and net written premiums for the three months ended March 31, 2016 were $413.9 million and $319.8 million, respectively, increases of 4.4% and 10.7% from the... More