NI Holdings NODK All Other — Underwriting Expense Ratio

Other segment segments

Similar metrics at other companies

PRAOther underwriting expenses

$40.94M-19.4%

MKLFinancial — Other Underwriting Expense

$20.54M+13.7%

SPNTInsurance & Services — Other underwriting expenses ratio

6.9%+1.3pp

SPNTReinsurance — Other underwriting expenses ratio

7.6%+1.1pp

MKLConsumer and Other — Other Underwriting Expense

$0—

EGOther underwriting expenses

$216M-9.2%

Questions, answered.

What is NI Holdings's all other — underwriting expense ratio?

NI Holdings (NODK) reported all other — underwriting expense ratio of 32.4% in Q1 2026.

How has NI Holdings's all other — underwriting expense ratio changed year-over-year?

NI Holdings's all other — underwriting expense ratio decreased by 36.1% year-over-year, from 50.7% to 32.4%.

What is the long-term trend for NI Holdings's all other — underwriting expense ratio?

Over 2 years (2022 to 2025), NI Holdings's all other — underwriting expense ratio has grown at a 18.6% compound annual growth rate (CAGR), from 76.4% to 107.5%.

What does all other — underwriting expense ratio mean?

Represents the ratio of underwriting expenses to net premiums earned, indicating the efficiency of the segment in managing its operating costs relative to its revenue generation. It highlights how much of each premium dollar is spent on administrative and acquisition activities.