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NI Holdings NODK Non Standard Auto — Loss Ratio

Other segment segments

Private Passenger Auto
46.2%-22.5%
Home And Farm
40.3%-2.4%
All Other
15.7%-57.7%

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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:LossRatio.

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 non standard auto — loss ratio?
NI Holdings (NODK) reported non standard auto — loss ratio of 99.2% in Q1 2026.
How has NI Holdings's non standard auto — loss ratio changed year-over-year?
NI Holdings's non standard auto — loss ratio increased by 24.6% year-over-year, from 79.6% to 99.2%.
What is the long-term trend for NI Holdings's non standard auto — loss ratio?
Over 2 years (2022 to 2025), NI Holdings's non standard auto — loss ratio has grown at a 50.8% compound annual growth rate (CAGR), from 160.8% to 365.9%.
What does non standard auto — loss ratio mean?
This ratio represents the proportion of net premiums earned that is paid out in claims and related adjustment expenses. It serves as a primary indicator of underwriting profitability and the accuracy of risk pricing for non-standard auto insurance policies.