Summary of Consolidated Investments-Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2017

Summary Of Investments Other Than Investments In Related Parties [Abstract]

Summary of Consolidated Investments-Other Than Investments in Related Parties

THE NAVIGATORS GROUP, INC. AND SUBSIDIARIES

Summary of Consolidated Investments -

Other than Investments in Related Parties

	December 31, 2017
			Gross		Gross
			Unrealized		Unrealized			Amortized
amounts in thousands	Fair Value(1)		Gains		Losses			Cost
Fixed Maturities:
U.S. Treasury Bonds, Agency Bonds and Foreign    Government Bonds	$	393,563	$	2,081	$	(2,014	)	$	393,496
States, Municipalities and Political Subdivisions		814,632		20,136		(1,423	)		795,919
Mortgage-Backed and Asset-Backed Securities:
Agency Mortgage-Backed Securities		407,619		2,352		(5,414	)		410,681
Residential Mortgage Obligations		54,104		606		(79	)		53,577
Asset-Backed Securities		328,753		2,138		(663	)		327,278
Commercial Mortgage-Backed Securities		160,904		2,354		(1,182	)		159,732
Subtotal	$	951,380	$	7,450	$	(7,338	)	$	951,268
Corporate Exposures (2)		897,479		14,491		(3,737	)		886,725
Total Fixed Maturities	$	3,057,054	$	44,158	$	(14,512	)	$	3,027,408
Equity Securities:
Common Stocks		52,439		7,423		(112	)		45,128
Preferred Stocks		183,542		6,071		(1,560	)		179,031
Total Equity Securities	$	235,981	$	13,494	$	(1,672	)	$	224,159
Other Invested Assets		1,720		—		—			1,720
Short-Term Investments		127,128		3		—			127,125
Total Investments	$	3,421,883	$	57,655	$	(16,184	)	$	3,380,412

(1)  Other invested assets are accounted for using the equity method of accounting.  All other investments are shown at fair value.

(2)  Corporate Exposures consist of investments in corporate bonds, hybrid bonds and redeemable preferred stocks.