Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 407

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 407
---
 15,708 

    Amortization of deferred policy acquisition costs 
     3,957  
     3,055  
     4,710  
     1,370  
     633  
     13,725 
  
    Other underwriting and general expenses (1) 
     2,608  
     1,888  
     3,127  
     368  
     513  
     8,504 
  
    Underwriting and general expenses 
     6,565  
     4,943  
     7,837  
     1,738  
     1,146  
     22,229 
  
    Underwriting gain (loss) 
     2,527  
     (9,464) 
     (2,751) 
     3,287  
     (120) 
     (6,521)

    Fee and other income 

     261 
  
    Net investment income 

     3,040 
  
    Net investment gains 

     1,362 
  
    Loss before income taxes 

     (1,858)
  
    Income tax benefit 

     (192)
  
    Net loss 

    $(1,666)

    Operating Ratios: 

    Loss and loss adjustment expense ratio 
     60.8%  
     141.6%  
     78.5%  
     51.5%  
     73.2%  
     78.2% 
  
    Expense ratio 
     28.3%  
     45.5%  
     33.1%  
     16.8%  
     29.9%  
     30.9% 
  
    Combined ratio 
     89.1%  
     187.1%  
     111.6%  
     68.3%  
     103.1%  
     109.1% 

    Balances at September 30, 2025: 

    Premiums and agents’ balances receivable 
    $26,652  
    $3,048  
    $11,603  
    $31,574  
    $3,196  
    $76,073