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NI Holdings NODK Policyholder Benefits And Claims Incurred Net

Policyholder Benefits And Claims Incurred Net at other companies

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The Hartford Financial Services GroupHIG

Segments

By segment

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Home And Farm$10.36M+5.9%
Private Passenger Auto$10.29M-23.7%
Non Standard Auto$2.58M-82.2%
All Other$814K-32.4%

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:PolicyholderBenefitsAndClaimsIncurredNet.

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 policyholder benefits and claims incurred net?
NI Holdings (NODK) reported policyholder benefits and claims incurred net of $23.36M in Q1 2026.
How has NI Holdings's policyholder benefits and claims incurred net changed year-over-year?
NI Holdings's policyholder benefits and claims incurred net decreased by 39.4% year-over-year, from $38.53M to $23.36M.
What is the long-term trend for NI Holdings's policyholder benefits and claims incurred net?
Over 4 years (2021 to 2025), NI Holdings's policyholder benefits and claims incurred net has grown at a -1.9% compound annual growth rate (CAGR), from $216.38M to $200.79M.
What does policyholder benefits and claims incurred net mean?
This represents the total costs incurred by the insurer for settling claims and providing benefits to policyholders, including estimates for claims that have occurred but have not yet been reported. It is the most significant expense category for an insurance firm and serves as a key indicator of underwriting performance and risk management effectiveness.