Navigators beats on top and bottom line growth
Navigators Group topped Wall Street estimates as its top line
rose 9.6 percent and its combined ratio improved by 2.3 points from
a year earlier to 97.3 percent in the second quarter.
The (re)insurer posted operating earnings of $0.66 a share while
analysts had forecast $0.57 on average, based on six estimates
compiled by MarketWatch.
Gross written premiums climbed to $452.2mn during the just ended
period and underwriting profit increased more than sevenfold from a
near breakeven in Q2 2016...
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