Navigators Group (NAVG) Tops Q1 EPS by 4c

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Go back to Navigators Group (NAVG) Tops Q1 EPS by 4c

Navigators Reports First Quarter 2017 Earnings

May 4, 2017 4:01 PM EDT

STAMFORD, Conn., May 04, 2017 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ: NAVG) reported Net income of $21.1 million, or $0.70 per diluted share, for the three months ended March 31, 2017 compared to $22.9 million, or $0.77 per diluted share, for the comparable period in 2016. Net operating earnings1 were $20.4 million, or $0.68 per diluted share, for the three months ended March 31, 2017 compared to $20.2 million, or $0.68 per diluted share, for the same period in 2016. 

Gross written premiums and Net written premiums for the three months ended March 31, 2017 were $450.3 million and $337.2 million, respectively, increasing 8.8% and 5.4% from the comparable... More