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NI Holdings NODK Non Standard Auto — Policyholder Benefits And Claims Incurred Gross

Other segment segments

Private Passenger Auto
$12.76M-12.7%
Crop
$8.32M-20.5%
All Other
$1.15M-24.5%

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$1.98B-9.1%
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$9.3M+10.4%
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$1.99B-9.1%

Other financials

Income statement

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Revenue$70.2M-7.7%
Gross profit$15.7M-13.5%
Net income$146.0K+101%
EPS (diluted)$0.01+102%

Balance sheet

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Cash & equivalents$51.6M-9.1%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$543.1M-12.4%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$19.0K-88.3%
Free cash flow-$1.9M-119%

Valuation

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Market cap$313.01M+19.6%
P/E40×
P/S1.2×+0.3×

Profitability

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Gross margin30.2%-1.8pp
Net margin2.9%
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 source filing: NI Holdings’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001174947-26-000777
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Direct losses and loss adjustment expenses$49,836$109,382$73,905$149,761
Assumed losses and loss adjustment expenses2,3882842,50951
Ceded losses and loss adjustment expenses(3,807)(43,059)(4,641)(44,680)
Net losses and loss adjustment expenses$48,417$66,607$71,773$105,132

Item 1. - Financial Statements

FAQ

What is NI Holdings's non standard auto — policyholder benefits and claims incurred gross?
NI Holdings (NODK) reported non standard auto — policyholder benefits and claims incurred gross of -$1.52M in Q2 2026.
How has NI Holdings's non standard auto — policyholder benefits and claims incurred gross changed year-over-year?
NI Holdings's non standard auto — policyholder benefits and claims incurred gross decreased by 109.0% year-over-year, from $16.86M to -$1.52M.
What is the long-term trend for NI Holdings's non standard auto — policyholder benefits and claims incurred gross?
Over 4 years (2021 to 2025), NI Holdings's non standard auto — policyholder benefits and claims incurred gross has grown at a 18.5% compound annual growth rate (CAGR), from $34.45M to $67.85M.
What does non standard auto — policyholder benefits and claims incurred gross mean?
The total value of claims and associated benefits incurred by the segment before any recoveries from reinsurance. It serves as a key measure of the underlying loss experience and the severity of claims within the non-standard auto portfolio.

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