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NI Holdings NODK Home And Farm — Policyholder Benefits And Claims Incurred Gross

Other segment segments

Private Passenger Auto
$10.3M-23.7%
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$2.58M-82.2%
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$797K-65.1%

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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:PolicyholderBenefitsAndClaimsIncurredGross.

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 — policyholder benefits and claims incurred gross?
NI Holdings (NODK) reported home and farm — policyholder benefits and claims incurred gross of $10.72M in Q1 2026.
How has NI Holdings's home and farm — policyholder benefits and claims incurred gross changed year-over-year?
NI Holdings's home and farm — policyholder benefits and claims incurred gross increased by 7.9% year-over-year, from $9.93M to $10.72M.
What is the long-term trend for NI Holdings's home and farm — policyholder benefits and claims incurred gross?
Over 4 years (2021 to 2025), NI Holdings's home and farm — policyholder benefits and claims incurred gross has grown at a 13.0% compound annual growth rate (CAGR), from $59.38M to $96.66M.
What does home and farm — policyholder benefits and claims incurred gross mean?
The total value of claims and benefits incurred by the Home and Farm segment before considering any recoveries from reinsurance. This metric captures the raw underwriting risk and the severity of losses experienced by the segment. It is essential for assessing the underlying risk profile of the insurance products offered.