NEW YORK--(BUSINESS WIRE)--The Navigators Group, Inc. (NASDAQ:
NAVG -
News) announced today that it will be added to the NASDAQ Financial-100 Index prior to the opening of the market on Thursday, July 26, 2007. The NASDAQ Financial-100 Index includes 100 of the largest domestic and international financial companies listed on The NASDAQ Stock Market based on market capitalization. As of June 30, 2007, Navigators' market capitalization was $907 million.
"We are delighted to be part of the NASDAQ Financial-100 Index," said Navigators' Chief Executive Officer Stan Galanski. "It is a very important milestone for the Company, reflecting the hard work and dedication of our employees."
The Navigators Group, Inc. is an international insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd's of London. Headquartered in New York City, Navigators has offices in major insurance centers in the United States, the United Kingdom and Belgium.
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Source: The Navigators Group, Inc.