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NI Holdings NODK All Other — Policyholder Benefits And Claims Incurred Gross

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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:PolicyholderBenefitsAndClaimsIncurredGross.

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 — policyholder benefits and claims incurred gross?
NI Holdings (NODK) reported all other — policyholder benefits and claims incurred gross of $797K in Q1 2026.
How has NI Holdings's all other — policyholder benefits and claims incurred gross changed year-over-year?
NI Holdings's all other — policyholder benefits and claims incurred gross decreased by 65.1% year-over-year, from $2.28M to $797K.
What is the long-term trend for NI Holdings's all other — policyholder benefits and claims incurred gross?
Over 4 years (2021 to 2025), NI Holdings's all other — policyholder benefits and claims incurred gross has grown at a 80.2% compound annual growth rate (CAGR), from $1.01M to $10.65M.
What does all other — policyholder benefits and claims incurred gross mean?
Measures the total value of claims and benefits incurred by the segment before accounting for any reinsurance recoveries. This provides insight into the raw loss experience and the underlying risk profile of the policies written by the segment.