Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 992

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 2
Chunk 992
---
289  
    $292,117  
    $286,977  
    $271,740 

    Year Ended December 31, 

    2024  
    2023  
    2022 

    Premiums 
Written  
    Premiums 
Earned  
    Premiums
 Written  
    Premiums 
Earned  
    Premiums
 Written  
    Premiums 
Earned 
  
    Discontinued operations: 

    Direct premium 
    $41,632  
    $39,083  
    $77,165  
    $76,355  
    $74,611  
    $69,279 
  
    Assumed premium 
     —  
     —  
     —  
     —  
     —  
     — 
  
    Ceded premium 
     (8,743) 
     (8,027) 
     (17,805) 
     (17,335) 
     (12,576) 
     (12,729)
  
    Net premiums 
    $32,889  
    $31,056  
    $59,360  
    $59,020  
    $62,035  
    $56,550 

A reconciliation of direct to net losses and loss adjustment
expenses, presented on a consolidated basis, including both continuing and discontinued operations, is as follows:

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Direct losses and loss adjustment expenses 
    $249,344  
    $293,978  
    $333,397 
  
    Assumed losses and loss adjustment expenses 
     784  
     1,140  
     2,369 
  
    Ceded losses and loss adjustment expenses 
     (19,157) 
     (50,706) 
     (41,334)
  
    Net losses and loss adjustment expenses 
    $230,971  
    $244,412  
    $294,432 

The reconciliations for current and prior year continuing and discontinued
operations of direct to net losses and loss adjustment expenses is as follows:

    Year Ended December 31, 

    2024  
    2023  
    2022