Edition:
United States

Navigators Group Inc (NAVG.OQ)

NAVG.OQ on NASDAQ Stock Exchange Global Select Market

69.51USD
14 Dec 2018
Change (% chg)

$0.00 (+0.00%)
Prev Close
$69.51
Open
$69.48
Day's High
$69.55
Day's Low
$69.40
Volume
59,802
Avg. Vol
54,632
52-wk High
$70.45
52-wk Low
$46.25

Latest Key Developments (Source: Significant Developments)

The Hartford To Acquire Navigators For $2.1 Billion In Cash
Wednesday, 22 Aug 2018 06:15am EDT 

Aug 22 (Reuters) - Navigators Group Inc ::THE HARTFORD TO ACQUIRE NAVIGATORS FOR $2.1 BILLION IN CASH.NAVIGATORS GROUP INC - DEAL FOR $70.00 PER SHARE.NAVIGATORS GROUP INC - NAVIGATORS EXPECTS TO CONTINUE PAYING REGULAR QUARTERLY DIVIDENDS CONSISTENT WITH PAST PRACTICE PRIOR TO CLOSING.NAVIGATORS GROUP - DEAL INCLUDES "GO-SHOP" PROVISION.NAVIGATORS GROUP INC - FOR 30 DAYS CO WILL HAVE OPPORTUNITY TO SOLICIT COMPETING ACQUISITION PROPOSALS.NAVIGATORS GROUP - NAVIGATORS' FOUNDER, & SHARES CONTROLLED BY OTHER MEMBERS OF HIS FAMILY AGREED TO VOTE IN SUPPORT OF CO'S DEAL WITH HARTFORD.  Full Article

The Hartford Signs Agreement To Acquire Navigators
Wednesday, 22 Aug 2018 06:15am EDT 

Aug 22 (Reuters) - Hartford Financial Services Group Inc ::THE HARTFORD SIGNS AGREEMENT TO ACQUIRE NAVIGATORS, A GLOBAL SPECIALTY UNDERWRITER.THE HARTFORD SAYS DEAL EXPECTED TO BE ACCRETIVE TO HARTFORD'S NET INCOME AND CORE EARNINGS IN 2020.THE HARTFORD SAYS HAS SUFFICIENT EXISTING RESOURCES TO FUND DEAL, BUT WILL CONSIDER ALTERNATIVE SOURCES OF CAPITAL BEFORE CLOSING.HARTFORD - DEAL EXPECTED TO RESULT IN IMMATERIAL REDUCTION IN 2019 NET INCOME BEFORE CONSIDERING IMPACT OF DEAL-RELATED CHARGES.THE HARTFORD SAYS EXCLUDING ITEMS, CO EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO 2019 NET INCOME.  Full Article

Navigators Group Q2 Operating Earnings Per Share $0.92
Wednesday, 8 Aug 2018 04:01pm EDT 

Navigators Group Inc ::NAVIGATORS REPORTS RECORD NET INCOME IN SECOND QUARTER 2018.Q2 OPERATING EARNINGS PER SHARE $0.92.Q2 EARNINGS PER SHARE $1.07.Q2 EARNINGS PER SHARE VIEW $0.67 -- THOMSON REUTERS I/B/E/S.NAVIGATORS GROUP - QTRLY GROSS WRITTEN PREMIUMS WERE $497.2 MILLION, UP 10.0% FROM COMPARABLE PERIOD IN 2017.QTRLY NET WRITTEN PREMIUMS WERE $379.3 MILLION, UP 13.8%.  Full Article

Navigators Group Reports Q1 Earnings Per Share $1.02
Monday, 7 May 2018 05:00pm EDT 

May 7 (Reuters) - Navigators Group Inc ::NAVIGATORS REPORTS FIRST QUARTER 2018 EARNINGS.Q1 OPERATING EARNINGS PER SHARE $1.09.Q1 EARNINGS PER SHARE $1.02.Q1 EARNINGS PER SHARE VIEW $0.75 -- THOMSON REUTERS I/B/E/S.NAVIGATORS GROUP - NET WRITTEN PREMIUMS FOR THREE MONTHS ENDED MARCH 31, 2018 OF $393.3 MILLION, UP 16.6%.NET INVESTMENT INCOME FOR THREE MONTHS ENDED MARCH 31, 2018 WAS $23.7 MILLION, UP 10.5%.  Full Article

Navigators And Protective Insurance Enter Into Workers' Compensation Underwriting Partnership
Wednesday, 4 Apr 2018 04:25pm EDT 

April 4 (Reuters) - Navigators Group Inc ::NAVIGATORS AND PROTECTIVE INSURANCE ENTER INTO WORKERS’ COMPENSATION UNDERWRITING PARTNERSHIP.WORKERS' COMPENSATION WILL NOW BE AVAILABLE AS A COVERAGE OPTION IN NAVIGATORS' PORTFOLIO OF INDUSTRY-SPECIFIC MULTILINE PRODUCTS.PARTNERSHIP SUPPORTS CO'S CONTINUED STRATEGIC EXPANSION OF MULTILINE INSURANCE POLICIES.  Full Article

Ackermans & Van Haaren Reaches Agreement For The Sale Of BDM-ASCO To The Navigators Group
Monday, 18 Dec 2017 01:30am EST 

Dec 18 (Reuters) - ACKERMANS & VAN HAAREN NV ::REG-AGREEMENT ON THE SALE OF BDM-ASCO TO THE NAVIGATORS GROUP, INC..THE ACQUISITION PRICE FOR 100% OF THE SHARES OF BDM-ASCO HAS BEEN SET AT 35 MILLION EUROS‍​.TRANSACTION WILL GENERATE A CAPITAL GAIN OF APPROXIMATELY 6 MILLION EUROS FOR AVH.TRANSACTION TO BE CLOSED IN H1 2018.  Full Article

Navigators To Acquire Belgian Specialty Insurer
Monday, 18 Dec 2017 01:30am EST 

Dec 18 (Reuters) - Navigators Group Inc ::NAVIGATORS TO ACQUIRE BELGIAN SPECIALTY INSURER.NAVIGATORS GROUP INC SAYS AS AGGREGATE CONSIDERATION FOR ACQUISITION OF ASCO AND BDM, NAVIGATORS WILL PAY EUR 35 MILLION IN CASH AT CLOSING OF TRANSACTION.NAVIGATORS GROUP-‍ SHARE PURCHASE AGREEMENT FOR PURCHASE OF ALL SHARES OF ASSURANCES CONTINENTALES- CONTINENTALE VERZEKERINGEN, BRACHT, DECKERS & MACKELBERT​.  Full Article

Navigators Group reports Q3 loss per share $0.95
Thursday, 2 Nov 2017 04:01pm EDT 

Nov 2 (Reuters) - Navigators Group Inc :Navigators reports third quarter 2017 results.Q3 operating loss per share $1.00.Q3 loss per share $0.95.Q3 earnings per share view $-0.62 -- Thomson Reuters I/B/E/S.Navigators Group Inc - ‍net investment income for three months ended September 30, 2017 was $22.6 million, an increase of 13.7% as compared to same period in 2016​.  Full Article

Navigators Group estimates natural catastrophe losses for Q3
Thursday, 5 Oct 2017 04:01pm EDT 

Oct 5 (Reuters) - Navigators Group Inc :Navigators estimates natural catastrophe losses for third quarter.Estimated financial impact from natural catastrophes in Q3 will range from $50 to $70 million pre-tax and $33 to $45 million after tax​.  Full Article

Insurer Hartford Financial to buy Navigators Group for $2.1 billion

Insurer Hartford Financial Services Group Inc said on Wednesday it will buy Navigators Group Inc in a $2.1 billion cash deal to expand its product offerings and geographic reach.