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NI Holdings NODK Crop — Reinsurance Recoverables On Unpaid Losses Gross

Other segment segments

All Other
$6.34M+34.9%
Home And Farm
$2.63M+53.9%
Private Passenger Auto
$673K-69.8%

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BRK.AProperty And Casualty Insurance And Reinsurance Excluding Retroactive Reinsurance — Reinsurance Recoverables On Unpaid Losses Gross
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NMI Holdings Inc. logo
NMIHReinsurance Recoverables, Gross
$39.7M+26.5%

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:ReinsuranceRecoverablesOnUnpaidLossesGross.

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 — reinsurance recoverables on unpaid losses gross?
NI Holdings (NODK) reported crop — reinsurance recoverables on unpaid losses gross of $312K in Q1 2026.
How has NI Holdings's crop — reinsurance recoverables on unpaid losses gross changed year-over-year?
NI Holdings's crop — reinsurance recoverables on unpaid losses gross increased by 2736.4% year-over-year, from $11K to $312K.
What is the long-term trend for NI Holdings's crop — reinsurance recoverables on unpaid losses gross?
Over 4 years (2021 to 2025), NI Holdings's crop — reinsurance recoverables on unpaid losses gross has grown at a -37.7% compound annual growth rate (CAGR), from $49.7M to $7.51M.
What does crop — reinsurance recoverables on unpaid losses gross mean?
This metric quantifies the amount the company expects to recover from reinsurers for claims that have been incurred but not yet paid. It represents a significant asset on the balance sheet that mitigates the financial impact of large losses in the crop segment. High levels indicate a reliance on reinsurance to manage volatility and capital exposure.