Navigators misses despite top and bottom line growth

US specialty insurer Navigators reported an 8 percent gain in
profit to $17.7mn in the fourth quarter, even as its international
segment held back the results.
The $0.58 per share result fell short of the consensus view of
$0.63 per share held by five Wall Street analysts surveyed by
MarketWatch.com.
The carrier reported gross written premium growth of 13.6
percent as it revealed revenue of $367.5mn for the final quarter of
last year.
The group saw premium growth across its...