reports
Navigators Announces Revised Dates for Second Quarter 2019 Dividend
Navigators Announces Revised Dates for Second Quarter 2019 Dividend STAMFORD, Conn., May 15, 2019 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:) announced today that it has revised the record and payment dates for the previously announced second quarter dividend to more closely align these dates with past practice. A cash dividend of $0.07 per share of common stock will therefore be payable on June 24, 2019 to the stockholders of record at the close of business on June 3, 2019. About Navigators The Navigators Group, Inc. (Nasdaq: NAVG) is a global specialty insurance holding c...
Navigators Announces Second Quarter 2019 Dividend
Navigators Announces Second Quarter 2019 Dividend STAMFORD, Conn., May 09, 2019 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:) announced today that its Board of Directors declared a cash dividend of $0.07 per share of common stock for the second quarter of 2019. The dividend will be payable on June 4, 2019 to the Company's stockholders of record at the close of business on May 20, 2019. About Navigators The Navigators Group, Inc. (Nasdaq: NAVG) is a global specialty insurance holding company. We provide customized insurance solutions designed to protect clients from the complex...
Navigators Announces First Quarter 2019 Dividend
Navigators Announces First Quarter 2019 Dividend STAMFORD, Conn., Feb. 14, 2019 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:) announced today that its Board of Directors declared a cash dividend of $0.07 per share of common stock for the first quarter of 2019. The dividend will be payable on March 11, 2019 to the Company's stockholders of record at the close of business on February 25, 2019. About NavigatorsThe Navigators Group, Inc. (Nasdaq: NAVG) is a global specialty insurance holding company. We provide customized insurance solutions designed to protect clients from the c...
Navigators Stockholders Approve Merger with The Hartford
Navigators Stockholders Approve Merger with The Hartford STAMFORD, Conn., Nov. 16, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators”) announced that, at a special meeting of stockholders held today, Navigators’ stockholders approved the adoption of the previously announced merger agreement relating to the proposed transaction between Navigators and The Hartford Financial Services Group, Inc. (“The Hartford”), whereby Navigators will become a wholly owned subsidiary of The Hartford. Subject to the terms and conditions of the merger agreement, at the effect...
Navigators Reports Third Quarter 2018 Earnings
Navigators Reports Third Quarter 2018 Earnings STAMFORD, Conn., Nov. 07, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) reported Net Income of $4.6 million, or $0.15 per diluted share, for the three months ended September 30, 2018 compared to a Net Loss of $(28.0) million, or $(0.95) per diluted share, for the same period in 2017. Net Operating Earnings (Loss)1 were $4.2 million, or $0.14 per diluted share, for the three months ended September 30, 2018 compared to $(29.6) million, or $(1.00) per diluted share, for the same period in 2017. Gross Written Premiums and Net...
For THE NAVIGATORS GP.INCO., the environment deterioration entails a d...
THE NAVIGATORS GP.INCO. (US), a company active in the Property & Casualty Insurance industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date November 2, 2018, the closing price was USD 69.39 and its expected v...
The Navigators Group, Inc. Announces Expiration of Hart-Scott-Rodino W...
The Navigators Group, Inc. Announces Expiration of Hart-Scott-Rodino Waiting Period for Proposed Merger STAMFORD, Conn., Oct. 19, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators” or the “Company”) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with its previously announced merger with a direct wholly owned subsidiary (“Merger Sub”) of The Hartford Financial Services Group, Inc. (“The Hartford”), expired at 11:59 p.m. Eastern Time on October 18, 2018. The expir...
The Navigators Group, Inc. Announces Special Meeting of Stockholders t...
The Navigators Group, Inc. Announces Special Meeting of Stockholders to Be Held on November 16, 2018 STAMFORD Conn., Oct. 04, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators” or the “Company”) today announced that it has established a meeting date of November 16, 2018 for a special meeting (the “Special Meeting”) of stockholders of record as of October 10, 2018, to, among other things, consider and vote on a proposal to adopt the previously announced agreement and plan of merger, dated as of August 22, 2018, by and among Navigators, The Hartford Financial Se...
Navigators Announces End of “Go-Shop†Period
Navigators Announces End of “Go-Shop” Period STAMFORD, Conn., Sept. 25, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators”) today announced the expiration of the 30-day “go-shop” period provided for under the terms of the previously announced definitive merger agreement (the “Merger Agreement”), pursuant to which Navigators will be acquired by The Hartford Financial Services Group, Inc. Under the terms of the Merger Agreement, Navigators and its representatives were permitted to initiate, solicit and engage in discussions or negotiations with respect to alter...
The Hartford to Acquire Navigators for $2.1 Billion in Cash
The Hartford to Acquire Navigators for $2.1 Billion in Cash STAMFORD, Conn., Aug. 22, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) today announced that it has entered into a definitive agreement to be acquired by The Hartford Financial Services Group, Inc. (NYSE: HIG) in an all-cash transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators stockholders will receive $70.00 per share in cash upon the closing of the transaction. The $70.00 per share offer price represents a multiple of 1.78 times Navigators’ fully dil...
Navigators Announces Third Quarter 2018 Dividend
Navigators Announces Third Quarter 2018 Dividend STAMFORD, Conn., Aug. 09, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) announced today that its Board of Directors declared a cash dividend of $0.07 per share of common stock for the third quarter of 2018. The dividend will be payable on September 21, 2018 to the Company's stockholders of record at the close of business on August 31, 2018. About Navigators The Navigators Group, Inc. (Nasdaq: NAVG) is a global specialty insurance holding company. We provide customized insurance solutions designed to protect clients fr...
Navigators Reports Record Net Income in Second Quarter 2018
Navigators Reports Record Net Income in Second Quarter 2018 STAMFORD, Conn., Aug. 08, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) reported Net Income of $32.1 million, or $1.07 per diluted share, for the three months ended June 30, 2018 compared to $20.5 million, or $0.69 per diluted share, for the same period in 2017. Net Operating Earnings1 were $27.6 million, or $0.92 per diluted share, for the three months ended June 30, 2018 compared to $19.7 million, or $0.66 per diluted share, for the same period in 2017. Gross Written Premiums and Net Written Premiums for th...
Navigators Will Announce its Second Quarter 2018 Financial Results on ...
Navigators Will Announce its Second Quarter 2018 Financial Results on Wednesday, August 8, 2018 Management Will Host Conference Call/Live Webcast on Thursday, August 9, 2018, 8:30 a.m. ET STAMFORD, Conn., July 10, 2018 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) will announce its second quarter 2018 financial results after the close of regular stock market hours on Wednesday, August 8, 2018. The earnings release will be available shortly thereafter on Navigators' website at . The company will hold a conference call for investors and analysts on Thursday, August 9, 2018,...
A.M. Best Revises Outlooks to Positive for Navigators Insurance Compan...
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of Navigators Insurance Company and its wholly owned and 100% reinsured subsidiary, Navigators Specialty Insurance Company, collectively referred to as Navigators. Both companies are domiciled in New York, NY. Concurrently, A.M. Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of “bb...
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