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NI Holdings NODK Crop — Ceded Premiums Earned

Other segment segments

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$3.09M+10.8%
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$962K+169%
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$552K-52.8%
Non Standard Auto
$4K-84.0%

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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 crop — ceded premiums earned?
NI Holdings (NODK) reported crop — ceded premiums earned of $652K in Q1 2026.
How has NI Holdings's crop — ceded premiums earned changed year-over-year?
NI Holdings's crop — ceded premiums earned increased by 80.6% year-over-year, from $361K to $652K.
What is the long-term trend for NI Holdings's crop — ceded premiums earned?
Over 4 years (2021 to 2025), NI Holdings's crop — ceded premiums earned has grown at a -2.2% compound annual growth rate (CAGR), from $18.8M to $17.18M.
What does crop — ceded premiums earned mean?
Reflects the portion of premiums that the insurance company transfers to reinsurers in exchange for risk coverage. This metric is essential for understanding the company's risk mitigation strategy and the net retention of its underwriting portfolio.