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NI Holdings NODK Reinsurance Effect On Claim And Benefits Incurred Amount Assumed

Discontinued — last reported Q3 '25

Reinsurance Effect On Claim And Benefits Incurred Amount Assumed at other companies

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Segments

By segment

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Crop$1.76M+342%
All Other$626K+644%

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 nodk:ReinsuranceEffectOnClaimAndBenefitsIncurredAmountAssumed.

The source filing: NI Holdings’s 10-Q, filed November 7, 2025.

Filed
Nov 7, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001174947-25-001356
Line itemPrivate Passenger AutoNon-Standard AutoHome and FarmCropAll OtherTotal
Ceded premiums earned(1,036)(15)(4,866)(5,400)(338)(11,655)
Net premiums earned23,20610,85923,64210,3643,83471,905
Direct losses and loss adjustment expenses15,66415,38015,0296,8374,91857,828
Assumed losses and loss adjustment expenses50419523
Ceded losses and loss adjustment expenses(1,550)3,527(2,002)(2,129)(2,154)
Net losses and loss adjustment expenses14,11415,38018,5565,3392,80856,197
Gross margin9,092(4,521)5,0865,0251,02615,708
Amortization of deferred policy acquisition costs3,9573,0554,7101,37063313,725

Item 1. - Financial Statements

FAQ

What is NI Holdings's reinsurance effect on claim and benefits incurred amount assumed?
NI Holdings (NODK) reported reinsurance effect on claim and benefits incurred amount assumed of $523K in Q3 2025.
How has NI Holdings's reinsurance effect on claim and benefits incurred amount assumed changed year-over-year?
NI Holdings's reinsurance effect on claim and benefits incurred amount assumed decreased by 15.2% year-over-year, from $617K to $523K.
What does reinsurance effect on claim and benefits incurred amount assumed mean?
Reinsurance Effect On Claim And Benefits Incurred Amount Assumed as reported by NI Holdings, Inc..

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