Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1194

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 3
Chunk 1194
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 Accounting Policies
and Basis of Presentation” section for additional information.

66 

Net investment income for continuing and discontinued operations
consisted of the following:

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Continuing operations: 

    Fixed income securities 
    $11,401  
    $9,418  
    $8,216 
  
    Equity securities 
     904  
     874  
     1,260 
  
    Real estate 
     355  
     391  
     384 
  
    Cash and cash equivalents 
     1,699  
     456  
     23 
  
    Total gross investment income 
     14,359  
     11,139  
     9,883 
  
    Investment expenses 
     3,416  
     3,105  
     3,247 
  
    Net investment income – continuing operations 
     10,943  
     8,034  
     6,636 
  
    Net investment income – discontinued operations 
     1,419  
     2,422  
     1,184 
  
    Net investment income 
    $12,362  
    $10,456  
    $7,820 

Net investment gains (losses) for continuing and discontinued operations
consisted of the following:

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Continuing Operations: 

    Gross realized gains: 

    Fixed income securities 
    $12  
    $1  
    $116 
  
    Equity securities 
     1,329  
     13,840  
     6,967 
  
    Total gross realized gains 
     1,341  
     13,841  
     7,083 

    Gross realized losses, excluding credit impairment losses: 

    Fixed income securities 
     (211) 
     (524) 
     (183)
  
    Equity securities 
     (579) 
     (1,221) 
     (4,916)
  
    Total gross realized losses, excluding credit impairment losses 
     (790) 
     (1,745) 
     (5,099