NAVIGATORS GROUP INC (NAVG) financial statements (2021 and earlier)

Company profile

Business Address 400 ATLANTIC STREET
STAMFORD, CT 06901
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments496194208288270383199
Cash and cash equivalents156676570918745
Short-term investments340127144218180296154
Receivables 17212215  
Income taxes receivable10 
Total current assets:496211229310285393199
Noncurrent Assets
Long-term investments and receivables 22    
Long-term investments 22    
Intangible assets, net (including goodwill), including:27767777
Goodwill17      
Intangible assets, net (excluding goodwill)10      
Other undisclosed intangible assets, net (including goodwill) 767777
Total noncurrent assets:27887777
Other undisclosed assets5,0815,0054,5774,2674,1723,7703,801
TOTAL ASSETS:5,6035,2254,8144,5844,4644,1694,008
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2     2
Taxes payable2     2
Total current liabilities:2     2
Noncurrent Liabilities
Other undisclosed liabilities4,4153,9993,6363,4883,4373,2673,126
Total liabilities:4,4173,9993,6363,4883,4373,2673,128
Stockholders' equity
Stockholders' equity attributable to parent1,1871,2261,1781,0961,027902879
Common stock4442222
Treasury stock, value(156)(156)(156)(156)(156)(156)(156)
Additional paid in capital378377374358347336329
Accumulated other comprehensive income (loss)(52)20924472875
Retained earnings1,012981948869788692629
Total stockholders' equity:1,1871,2261,1781,0961,027902879
TOTAL LIABILITIES AND EQUITY:5,6035,2254,8144,5844,4644,1694,008

Income statement (P&L) ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues1,4431,3141,1981,0591,024918878
Financial services revenue   936842782
Cost of revenue(909)(822)(681)(588)(686)(661)(627)
Policyholder benefits and claims incurred, net(894)
Financial services costs(806)(665)(573)(545)  
Gross profit:534493517471337257251
Operating expenses(485)(418)(399)(353)(197)(164)(159)
Other operating income (expense), net    11(1)1
Operating income:49751181171519193
Nonoperating income (expense)    7(6)53
Investment income, nonoperating    (3)(6)53
Other nonoperating income    10  
Interest and debt expense(15)(15)(15)(15)(15)(28)(8)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    (2)35(47)
Income from continuing operations before equity method investments, income taxes:33591021021419292
Other undisclosed income from continuing operations before income taxes15151515   
Income from continuing operations before income taxes:49751181171419292
Income tax expense(14)(34)(35)(36)(45)(29)(28)
Net income available to common stockholders, diluted:34408381956364

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:34408381956364
Other comprehensive income (loss)(0)0  18(47)5
Comprehensive income:344183811141769
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(66)11(15)(23)   
Comprehensive income (loss), net of tax, attributable to parent:(32)5168581141769

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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