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NI Holdings NODK All Other — Underwriting Income Loss

Other segment segments

Private Passenger Auto
$1.82M-0.5%
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$856K+36.7%

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Other financials

Income statement

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Revenue$70.2M-7.7%
Gross profit$15.7M-13.5%
Net income$146.0K+101%
EPS (diluted)$0.01+102%

Balance sheet

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Cash & equivalents$51.6M-9.1%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$543.1M-12.4%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$19.0K-88.3%
Free cash flow-$1.9M-119%

Valuation

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Market cap$313.01M+19.6%
P/E40×
P/S1.2×+0.3×

Profitability

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Gross margin30.2%-1.8pp
Net margin2.9%
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:UnderwritingIncomeLoss.

The source filing: NI Holdings’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001174947-26-000777
Line itemPrivate Passenger AutoNon-Standard AutoHome and FarmCropAll OtherTotal
Amortization of deferred policy acquisition costs4,5451625,4489001,18112,236
Other underwriting and general expenses (1)3,0377573,9491,0795299,351
Underwriting and general expenses7,5829199,3971,9791,71021,587
Underwriting gain (loss)1,8221,547(11,612)8562,400(4,987)
Net investment income2,810
Net investment gains (losses)2,063
Fee and other income344
Income (loss) before income taxes230

Item 1. - Financial Statements

FAQ

What is NI Holdings's all other — underwriting income loss?
NI Holdings (NODK) reported all other — underwriting income loss of $2.4M in Q2 2026.
How has NI Holdings's all other — underwriting income loss changed year-over-year?
NI Holdings's all other — underwriting income loss increased by 12.9% year-over-year, from $2.13M to $2.4M.
What is the long-term trend for NI Holdings's all other — underwriting income loss?
Over 2 years (2021 to 2025), NI Holdings's all other — underwriting income loss has grown at a 195.3% compound annual growth rate (CAGR), from $427K to $3.72M.
What does all other — underwriting income loss mean?
Measures the profit or loss generated by the insurance segment from its core underwriting activities, calculated as premiums earned minus claims and underwriting expenses. It serves as a primary indicator of the segment's ability to price risk effectively and manage operational costs.

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