Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 30

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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 189  
     1,880 
  
    Ceded premium 
     (6,588) 
     (11,655) 
     (5,451) 
     (8,735)
  
    Net premiums 
    $51,998  
    $71,905  
    $62,442  
    $83,270 

    Three Months Ended September 30, 2025  
    Three Months Ended September 30, 2024 

    Premiums Written  
    Premiums Earned  
    Premiums Written  
    Premiums Earned 

    Discontinued operations: 

    Direct premium 
    $—  
    $—  
    $—  
    $— 
  
    Assumed premium 
     —  
     —  
     —  
     — 
  
    Ceded premium 
     —  
     —  
     —  
     — 
  
    Net premiums 
    $—  
    $—  
    $—  
    $— 

The reconciliations of the Company’s direct to net
premiums on both a written and an earned basis for the current year-to-date and comparable prior year-to-date amounts, segregated between
continuing and discontinued operations, are shown below:

    Nine Months Ended September 30, 2025  
    Nine Months Ended September 30, 2024 

    Premiums Written  
    Premiums Earned  
    Premiums Written  
    Premiums Earned 
  
    Continuing operations: 

    Direct premium 
    $235,705  
    $236,523  
    $269,217  
    $257,024 
  
    Assumed premium 
     2,475  
     2,476  
     2,666  
     2,684 
  
    Ceded premium 
     (29,810) 
     (26,592) 
     (22,780) 
     (21,385)
  
    Net premiums 
    $208,370  
    $212,407  
    $249,103  
    $238,323 

    Nine Months Ended September 30, 2025  
    Nine Months Ended September 30, 2024 

    Premiums Written  
    Premium