NI Holdings NODK Products & Services — Ceded Premiums Written
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Where this comes from
Reported directly by NI Holdings in its filing.
Tagged under the XBRL concept us-gaap:CededPremiumsWritten.
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 — ceded premiums written?
- NI Holdings (NODK) reported products & services — ceded premiums written of $5.26M in Q1 2026.
- How has NI Holdings's products & services — ceded premiums written changed year-over-year?
- NI Holdings's products & services — ceded premiums written increased by 11.8% year-over-year, from $4.7M to $5.26M.
- What is the long-term trend for NI Holdings's products & services — ceded premiums written?
- Over 3 years (2022 to 2025), NI Holdings's products & services — ceded premiums written has grown at a -3.9% compound annual growth rate (CAGR), from $46.99M to $41.75M.
- What does products & services — ceded premiums written mean?
- This metric represents the portion of premiums that the company transfers to reinsurers to mitigate its own underwriting risk. By ceding premiums, the company reduces its potential liability for large claims, which is a critical component of its risk management strategy. High levels of ceded premiums indicate a conservative approach to capital protection and risk exposure.