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NI Holdings NODK Premiums receivable

Premiums receivable at other companies

Progressive logo
ProgressivePGR
$17.61B+4.8%
Chubb logo
ChubbCB
$17.1B+11.3%
Allstate logo
AllstateALL
$11.65B+5.4%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$75.96M+5.7%
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$6.73B+5.4%
Global Indemnity Group, LLC
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Global Indemnity Group, LLC GBLI
$71.41M+5.3%

Other financials

Income statement

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Revenue$59.6M-16.6%
Gross profit$15.7M-13.5%
Net income$12.5M+93.6%
EPS (diluted)$0.60+93.5%

Balance sheet

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Cash & equivalents$57.7M+0.9%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$492.1M-6.3%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$42.0K+110%
Free cash flow-$1.9M-119%

Valuation

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Market cap$324.43M+26.1%
P/S1.2×+0.4×

Profitability

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Gross margin30.2%-1.8pp
Net margin-1.6%
FCF margin-2.4%

Returns & leverage

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Return on equity-5%-2.1pp
Debt / equity0.0×

Where this comes from

Reported directly by NI Holdings in its filing.

Tagged under the XBRL concept us-gaap:PremiumsReceivableAtCarryingValue.

The official record: NI Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NI Holdings's premiums receivable?
NI Holdings (NODK) reported premiums receivable of $40.21M in Q1 2026.
How has NI Holdings's premiums receivable changed year-over-year?
NI Holdings's premiums receivable decreased by 18.3% year-over-year, from $49.22M to $40.21M.
What is the long-term trend for NI Holdings's premiums receivable?
Over 3 years (2022 to 2025), NI Holdings's premiums receivable has grown at a -12.6% compound annual growth rate (CAGR), from $62.17M to $41.58M.
What does premiums receivable mean?
This represents the total amount of insurance premiums billed to policyholders that have not yet been collected. It is a critical indicator of the company's cash conversion cycle and the credit quality of its customer base. High levels of receivables relative to premiums written may signal potential collection delays or changes in payment terms.