Login

NAVIGATORS GROUP INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed May 9, 2019. Its latest SEC filing is a SC 13G/A from Jun 7, 2019.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Underwrites specialty insurance and reinsurance for businesses and insurance companies, including marine, commercial liability and professional risks.

How Did They Make Money?

FY2018 revenue

Who Were Their Customers?

The company distributes insurance through international, national, regional and retail brokers; its reinsurance products go to selected insurance companies.

Did Revenues Turn Into Profits?

Yes. It kept 2 cents of every revenue dollar as net income in FY2018 and turned 23 cents into free cash flow.

Net income, FY2018
2% of revenue
▼ −15% vs FY2017 ($40.5M, 3%)
Free cash flow, FY2018
23% of revenue
▲ +27% vs FY2017 ($261.9M, 20%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q1 FY2019, the three months to Mar 31, 2019
Revenue
▲ +24%
vs $344.2M in Q1 FY2018
Net income
▼ Now a loss
vs $30.9M in Q1 FY2018
  • May 23, 2019 Navigators became a wholly owned subsidiary of The Hartford The merger made the company a subsidiary; its CEO and CFO also left their roles.

Grew. Revenue grew 41% in 4 years, from $1B in FY2014 to $1.4B in FY2018, about 9% a year.

European expansion The earlier report described U.S. and U.K. insurance operations; the latest report adds a Belgian underwriting agency and insurer, an acquisition intended to broaden access to brokers and insureds across Europe.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support