8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or15 (d) of the Securities Exchange Act of 1934

      Date of Report (Date of earliest reported event): September 19, 2005

                           The Navigators Group, Inc.
             (Exact name of registrant as specified in its chapter)



   DELAWARE                        0-15886                      13-3138397
- --------------------------------------------------------------------------------
   (State of                      (Commission                 (I.R.S. Employer
  organization)                   File Number)               Identification No.)





One Penn Plaza, New York, NY                                        10119
- --------------------------------------------------------------------------------
 (Address of principal executive offices)                        (Zip Code)


       Registrant's telephone number, including area code: (914) 933-6025

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):



[_] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))




Item 8.01     Other Events

     On September 20, 2005, The Navigators Group, Inc. issued a press release
announcing its buyout of the remaining minority capacity of Lloyd's Syndicate
1221. This press release is attached hereto as Exhibit 99.1.

                                   SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                  THE NAVIGATORS GROUP, INC.
                                  --------------------------
                                  (Registrant)


                                  /s/ Bradley D. Wiley
                                  ----------------------------------------------
                                  Name:  Bradley D. Wiley
                                  Title: Senior Vice President, Financial
                                         Compliance Officer and Secretary



Date: September 20, 2005







                                INDEX TO EXHIBITS

Number   Description
- ------   -----------

  99.1   Navigators Announces Minority Buyout of Remaining Syndicate 1221
         Capacity

EX-99.1

                                                                    Exhibit 99.1

   Navigators Announces Minority Buyout of Remaining Syndicate 1221 Capacity

     NEW YORK--(BUSINESS WIRE)--Sept. 20, 2005--The Navigators Group, Inc.
(NAVG/NASDAQ), today announced the acquisition of the remaining capacity of
Lloyd's Syndicate 1221 that is not currently controlled by the Company. On
September 19, 2005, Lloyd's Capacity Transfer Panel approved the minority buyout
of approximately GBP 3.4 million of capacity for Syndicate 1221 for the 2006
year and onwards. The minority buyout does not impact the results of 2005 or
prior years.
     Stan Galanski, Navigators' Chief Executive Officer, commented, "We are
pleased to have achieved 100% control of Syndicate 1221. The completion of the
minority buyout will provide Navigators with increased flexibility and
operational efficiency in conducting business at Lloyd's. It is an important
milestone in the development of our international business."
     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.

     This press release may contain "forward looking statements" as defined in
the Private Securities Litigation Reform Act of 1995. Whenever used in this
release, the words "estimate", "expect", "believe" or similar expressions are
intended to identify such forward-looking statements. We cannot assure that
results which we anticipate will be achieved, since results may differ
materially because of known and unknown risks and uncertainties which we face.
Please refer to Navigators' most recent Forms 10-K and 10-Q and its other
filings with the Securities and Exchange Commission for a description of
Navigators' business and the important factors which may affect that business.
Navigators undertakes no obligation to publicly update or revise any forward
looking statement.


     CONTACT: The Navigators Group, Inc.
              Paul J. Malvasio
              Executive Vice President
              and Chief Financial Officer
              914-933-6088
              pmalvasio@navg.com
              www.navg.com