Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 150

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 150
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 16,860  
     27,011  
     8,468  
     568  
     66,607 

    Gross margin 
     9,223  
     (2,355) 
     (5,700) 
     2,243  
     2,987  
     6,398 

    Amortization of deferred policy acquisition costs 
     4,899  
     4,263  
     5,363  
     1,076  
     773  
     16,374 
  
    Other underwriting and general expenses (1) 
     2,492  
     2,180  
     3,099  
     541  
     88  
     8,400 
  
    Underwriting and general expenses 
     7,391  
     6,443  
     8,462  
     1,617  
     861  
     24,774 
  
    Underwriting gain (loss) 
     1,832  
     (8,798) 
     (14,162) 
     626  
     2,126  
     (18,376)

    Fee and other income 

     316 
  
    Net investment income 

     3,146 
  
    Net investment gains (losses) 

     (410)
  
    Loss before income taxes 

     (15,324)
  
    Income tax expense (benefit) 

     (3,273)
  
    Net loss 

    $(12,051)

    Operating Ratios: 

    Loss and loss adjustment expense ratio 
     59.8%  
     116.2%  
     126.7%  
     79.1%  
     16.0%  
     91.2% 
  
    Expense ratio 
     32.2%  
     44.4%  
     39.7%  
     15.1%  
     24.2%  
     33.9% 
  
    Combined ratio 
     92.0%  
     160.6%  
     166.4%  
     94.2%