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NI Holdings NODK Products & Services — Assumed Premiums Written

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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:AssumedPremiumsWritten.

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 products & services — assumed premiums written?
NI Holdings (NODK) reported products & services — assumed premiums written of $1.98M in Q1 2026.
How has NI Holdings's products & services — assumed premiums written changed year-over-year?
NI Holdings's products & services — assumed premiums written increased by 5118.4% year-over-year, from $38K to $1.98M.
What is the long-term trend for NI Holdings's products & services — assumed premiums written?
Over 3 years (2022 to 2025), NI Holdings's products & services — assumed premiums written has grown at a -25.3% compound annual growth rate (CAGR), from $6.3M to $2.63M.
What does products & services — assumed premiums written mean?
This metric represents premiums received by the company for assuming insurance risk from other insurance carriers through reinsurance agreements. It indicates the company's participation in the broader reinsurance market and its strategy for diversifying risk exposure. Growth in this area suggests an expansion of the company's role as a risk carrier for other entities.