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S&P: Navigators unchanged
Standard & Poor's said its counterparty credit and senior debt ratings on Navigators Group Inc. (BBB/stable) and its A financial strength ratings on Navigators Group's core operating subsidiaries, Navigators Insurance Co. and Navigators Specialty Insurance Co., are unaffected by the announcement of the retirement of chief financial officer Paul J. Malvasio, effective Aug. 15.
The agency said that Malvasio, 62, has been the group's executive vice president and CFO since December 2003.
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