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NI Holdings NODK Home And Farm — Deferred Policy Acquisition Costs Impairment Loss

Other segment segments

Private Passenger Auto
$6.79M+0.4%
All Other
$1.54M+18.8%
Non Standard Auto
$209K-96.7%

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AIGDeferred policy acquisition costs
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RGADeferred policy acquisition costs
$6.19B+9.6%
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CINFLife Insurance Segment — Deferred policy acquisition costs
$373M+3.6%

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:DeferredPolicyAcquisitionCostsImpairmentLoss.

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 — deferred policy acquisition costs impairment loss?
NI Holdings (NODK) reported home and farm — deferred policy acquisition costs impairment loss of $10.58M in Q1 2026.
How has NI Holdings's home and farm — deferred policy acquisition costs impairment loss changed year-over-year?
NI Holdings's home and farm — deferred policy acquisition costs impairment loss increased by 12.6% year-over-year, from $9.4M to $10.58M.
What does home and farm — deferred policy acquisition costs impairment loss mean?
This represents the write-down or impairment of costs associated with acquiring new home and farm insurance policies that are no longer expected to be recovered through future premiums. An increase in this metric suggests that the segment is facing challenges in maintaining the profitability of its existing book of business. It serves as a warning sign of potential future underwriting losses.