Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 576

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1B
Chunk 576
---
—  
     —  
     —  
     18,873 
  
    Total  
    $306,648 
  
    All outstanding liabilities prior to 2015, net of reinsurance  
     1 
  
    Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance  
    $77,580 

(1) Prior years unaudited

77 

    Home and
 Farm 
    Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31,  
    At December 31, 2024 
  
    Accident Year 
    2015 (1)  
    2016  
    2017  
    2018  
    2019  
    2020  
    2021  
    2022  
    2023  
    2024  
    Total IBNR
 Plus Expected
 Development
 on Reported 
Claims  
    Cumulative
 Number of
 Reported 
Claims 
  
    (in thousands, except claim counts) 

    2015 
    $32,740  
    $31,804  
    $31,300  
    $31,577  
    $31,446  
    $31,612  
    $31,600  
    $31,601  
    $31,599  
    $31,944  
    $—  
     3,924 
  
    2016 
     —  
     45,713  
     44,513  
     44,945  
     44,597  
     44,728  
     44,745  
     44,809  
     44,788  
     44,787  
     —  
     6,354 
  
    2017 
     —  
     —  
     42,112  
     41,593  
     41,882  
     41,779  
     41,804  
     41,640  
     41,590  
     41,646  
     5  
     4,955 
  
    2018 
     —  
     —  
     —