VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2011

VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE V

THE NAVIGATORS GROUP, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

		September 30,		September 30,			September 30,		September 30,		September 30,
In thousands	Balance at January 1, 2011		Charged (Credited) to Costs and Expenses			Charged to Other Accounts		Deductions (Describe)		Balance at December 31,  2011
Description:
Allowance for uncollectable reinsurance	$	12,970	$	50		$	—	$	—	$	13,020
Valuation allowance in deferred taxes	$	2,185	$	(1,943	)	$	—	$	—	$	242