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NI Holdings NODK Reinsurance Effect On Claims And Benefits Incurred Amount Ceded

Discontinued — last reported Q3 '25

Reinsurance Effect On Claims And Benefits Incurred Amount Ceded at other companies

Employers Holdings logo
Employers HoldingsEIG
$1.03M-68.7%
Old Republic International logo
Old Republic InternationalORI
$613.83M-5.0%
NOD
NI HoldingsNODK
$104K-87.7%
Assurant logo
AssurantAIZ
$6.05M+0.8%
Radian Group logo
Radian GroupRDN
$9.3M
Radian Group logo
Radian GroupRDN
$6.07M+42.6%

Segments

By segment

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Home And Farm$355K+145%
All Other$104K-87.7%
Private Passenger Auto$5K+66.7%

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:ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded.

The official record: NI Holdings’s 10-Q, filed November 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is NI Holdings's reinsurance effect on claims and benefits incurred amount ceded?
NI Holdings (NODK) reported reinsurance effect on claims and benefits incurred amount ceded of $2.15M in Q3 2025.
How has NI Holdings's reinsurance effect on claims and benefits incurred amount ceded changed year-over-year?
NI Holdings's reinsurance effect on claims and benefits incurred amount ceded decreased by 58.6% year-over-year, from $5.21M to $2.15M.
What is the long-term trend for NI Holdings's reinsurance effect on claims and benefits incurred amount ceded?
Over 2 years (2021 to 2023), NI Holdings's reinsurance effect on claims and benefits incurred amount ceded has grown at a -15.8% compound annual growth rate (CAGR), from $71.52M to $50.71M.