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NI Holdings NODK All Other — Ceded Premiums Earned

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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:CededPremiumsEarned.

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 all other — ceded premiums earned?
NI Holdings (NODK) reported all other — ceded premiums earned of $962K in Q1 2026.
How has NI Holdings's all other — ceded premiums earned changed year-over-year?
NI Holdings's all other — ceded premiums earned increased by 169.5% year-over-year, from $357K to $962K.
What is the long-term trend for NI Holdings's all other — ceded premiums earned?
Over 4 years (2021 to 2025), NI Holdings's all other — ceded premiums earned has grown at a 60.9% compound annual growth rate (CAGR), from $299K to $2.01M.
What does all other — ceded premiums earned mean?
Represents the portion of premiums that the segment transfers to reinsurers to mitigate potential losses. Monitoring this helps investors understand the segment's risk retention strategy and the cost of transferring volatility to third-party partners.