Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1886

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 6
Chunk 1886
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.6%  
     55.9%  
     68.6%  
     89.0% 
  
    Expense ratio 
     28.0%  
     40.4%  
     29.6%  
     8.8%  
     27.6%  
     29.0% 
  
    Combined ratio 
     112.3%  
     99.3%  
     167.2%  
     64.7%  
     96.2%  
     118.0% 

    Balances at December 31, 2022: 

    Premiums and agents’ balances receivable 
    $20,669  
    $14,884  
    $9,388  
    $381  
    $2,024  
    $47,346 
  
    Deferred policy acquisition costs 
     5,040  
     9,378  
     7,376  
     —  
     881  
     22,675 
  
    Reinsurance recoverables on losses 
     1,440  
     —  
     5,732  
     589  
     825  
     8,586 
  
    Receivable from Federal Crop Insurance Corporation 
     —  
     —  
     —  
     15,462  
     —  
     15,462 
  
    Goodwill and other intangibles 
     —  
     2,761  
     —  
     —  
     —  
     2,761 
  
    Unpaid losses and loss adjustment expenses 
     27,439  
     46,231  
     27,989  
     2,145  
     10,492  
     114,296 
  
    Unearned premiums 
     30,721  
     29,301  
     44,957  
     —  
     5,947  
     110,926 

(1) Other underwriting and general expenses for each segment include
expenses related to compensation, vendor services, and other administrative items.

100 

22.       Statutory
Net Income (Loss), Capital and