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NI Holdings NODK Home And Farm — Ceded Premiums Earned

Other segment segments

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$962K+169%
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$552K-52.8%
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$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 home and farm — ceded premiums earned?
NI Holdings (NODK) reported home and farm — ceded premiums earned of $3.09M in Q1 2026.
How has NI Holdings's home and farm — ceded premiums earned changed year-over-year?
NI Holdings's home and farm — ceded premiums earned increased by 10.8% year-over-year, from $2.79M to $3.09M.
What is the long-term trend for NI Holdings's home and farm — ceded premiums earned?
Over 4 years (2021 to 2025), NI Holdings's home and farm — ceded premiums earned has grown at a 14.3% compound annual growth rate (CAGR), from $10.31M to $17.58M.
What does home and farm — ceded premiums earned mean?
Represents the portion of premiums earned that is transferred to reinsurers under reinsurance contracts. This reflects the cost of risk mitigation strategies employed by the segment to protect against large losses. Higher values indicate a greater reliance on reinsurance to manage underwriting volatility.