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NI Holdings NODK Non Standard Auto — Unearned Premiums

Other segment segments

Private Passenger Auto
$38.48M-5.0%
Crop
$22.96M+8.4%
All Other
$9.2M+10.6%

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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:UnearnedPremiums.

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 itemJune 30, 2026December 31, 2025
Total assets$543,134$506,002
Liabilities:
Unpaid losses and loss adjustment expenses$134,757$137,855
Unearned premiums132,424106,498
Reinsurance premiums payable2,000878
Accrued expenses and other liabilities24,57720,434
Total liabilities293,758265,665
Shareholders’ equity:

Item 1. - Financial Statements

FAQ

What is NI Holdings's non standard auto — unearned premiums?
NI Holdings (NODK) reported non standard auto — unearned premiums of $392K in Q2 2026.
How has NI Holdings's non standard auto — unearned premiums changed year-over-year?
NI Holdings's non standard auto — unearned premiums decreased by 97.7% year-over-year, from $17.34M to $392K.
What is the long-term trend for NI Holdings's non standard auto — unearned premiums?
Over 4 years (2021 to 2025), NI Holdings's non standard auto — unearned premiums has grown at a -8.7% compound annual growth rate (CAGR), from $77.35M to $53.76M.
What does non standard auto — unearned premiums mean?
This is the portion of written premiums that relates to the unexpired period of insurance policies. It represents a liability because the company is obligated to provide coverage for the remainder of the policy term.

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