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NI Holdings NODK Private Passenger Auto — Deferred Policy Acquisition Costs Impairment Loss

Other segment segments

Home And Farm
$10.58M+12.6%
All Other
$1.54M+18.8%
Non Standard Auto
$209K-96.7%

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CIADeferred Policy Acquisition Costs, Capitalized Amount
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CRBGCorporate & Other — Deferred Policy Acquisition Cost
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CRBGIndividual Retirement — Deferred Policy Acquisition Cost
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CINFProperty, Liability and Casualty Insurance — Deferred policy acquisition costs
$974M+9.9%

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:DeferredPolicyAcquisitionCostsImpairmentLoss.

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 private passenger auto — deferred policy acquisition costs impairment loss?
NI Holdings (NODK) reported private passenger auto — deferred policy acquisition costs impairment loss of $6.79M in Q1 2026.
How has NI Holdings's private passenger auto — deferred policy acquisition costs impairment loss changed year-over-year?
NI Holdings's private passenger auto — deferred policy acquisition costs impairment loss increased by 0.4% year-over-year, from $6.76M to $6.79M.
What does private passenger auto — deferred policy acquisition costs impairment loss mean?
This metric reflects the write-down of capitalized costs associated with acquiring new insurance policies when the expected future profitability of those policies is insufficient to recover the costs. It serves as a signal of potential adverse trends in policy retention or pricing adequacy.