Navigators group inc (NAVG)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Gross Written Premiums

1,912

1,713

1,568

1,453

1,432

1,370

1,286

1,108

987

1,044

1,084

Revenues:
Net Written Premiums

1,471

1,271

1,186

1,043

1,000

887

833

753

653

701

661

Change in Unearned Premiums

-107

-84

-85

-59

-64

-45

-51

-62

5

-17

-17

Net Earned Premiums

1,363

1,186

1,100

984

935

841

781

691

659

683

643

Net Investment Income

103

89

79

68

64

56

54

63

71

75

76

Net Realized and Unrealized Gains (Losses):
Total Other-Than-Temporary Impairment Losses

0

2

0

1

-0

2

0

3

2

29

37

Portion of Loss Recognized in Other Comprehensive Income

0

-0

0

0

0

-

-0

-1

-1

-17

-

Net Other-Than-Temporary Impairment Losses Recognized in Earnings

0

2

0

1

0

2

0

1

1

11

-

Net Realized Gains on Investments Sold

2

45

9

8

12

22

41

11

41

9

-1

Net Unrealized Gains (Losses) on Equity Securities

-33

0

0

-

-

-

-

-

-

-

-

Total Net Realized and Unrealized Gains (Losses)

-30

43

9

-

-

-

-

-

-

-

-

Other Loss

7

-4

8

-0

10

-1

1

1

5

6

1

Total Revenues

1,443

1,314

1,197

1,058

1,023

917

877

766

776

762

683

Expenses:
Net Losses and Loss Adjustment Expenses

893

806

665

572

545

518

497

476

421

435

393

Commission Expenses

220

184

165

129

125

113

121

110

109

98

89

Other Operating Expenses

261

233

234

223

196

164

-

-

-

132

123

Merger Transaction Costs

3

0

0

-

-

-

-

-

-

-

-

Call premium on Senior notes

-

-

-

-

-

-17

-

-

-

-

-

Other operating expenses

-

-

-

-

-

-

159

138

139

676

614

Interest Expense

15

15

15

15

15

10

8

8

8

8

8

Total Expenses

1,394

1,239

1,080

941

882

825

786

733

678

-

-

Income Before Income Taxes

48

74

117

117

140

92

91

32

98

86

68

Income Tax Expense

14

34

34

36

45

28

27

7

29

23

17

Net Income (Loss)

34

40

82

81

95

63

63

25

69

63

51

Net Income (Loss) per Common Share:
Basic

1.15

1.38

2.85

2.82

3.34

4.49

4.54

1.71

4.33

3.73

3.08

Diluted

1.13

1.35

2.75

2.73

3.25

4.42

4.45

1.69

4.24

3.65

3.04

Average common shares outstanding:
Basic

29

29

29

28

28

14

14

14

16

16

16

Diluted

30

30

30

29

29

14

14

15

16

17

16