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NI Holdings NODK Other underwriting expenses

Discontinued — last reported Q1 '26

Other underwriting expenses at other companies

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$37.57M-5.1%
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Slide Insurance Holdings, Inc. Common StockSLDE
$44.13M+54.4%

Segments

By segment

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Home And Farm$3.92M+40.1%
Private Passenger Auto$3.16M+9.2%
All Other$885K-10.3%
Non Standard Auto$744K-62.0%

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:OtherUnderwritingExpense.

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 other underwriting expenses?
NI Holdings (NODK) reported other underwriting expenses of $8.65M in Q1 2026.
How has NI Holdings's other underwriting expenses changed year-over-year?
NI Holdings's other underwriting expenses increased by 0.2% year-over-year, from $8.63M to $8.65M.
What is the long-term trend for NI Holdings's other underwriting expenses?
Over 4 years (2021 to 2025), NI Holdings's other underwriting expenses has grown at a 3.6% compound annual growth rate (CAGR), from $31.72M to $36.6M.
What does other underwriting expenses mean?
This encompasses the general administrative and operational costs associated with the underwriting process, excluding direct policy acquisition costs and claims. It reflects the company's operational efficiency in managing its insurance business and supporting its underwriting infrastructure.