Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 54

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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) 
     2,492  
     2,180  
     3,099  
     541  
     88  
     8,400 
  
    Underwriting and general expenses 
     7,391  
     6,443  
     8,462  
     1,617  
     861  
     24,774 
  
    Underwriting gain (loss) 
     1,832  
     (8,798) 
     (14,162) 
     626  
     2,126  
     (18,376)

    Fee and other income 

     316 
  
    Net investment income 

     3,146 
  
    Net investment gains (losses) 

     (410)
  
    Loss before income taxes 

     (15,324)
  
    Income tax expense (benefit) 

     (3,273)
  
    Net loss 

    $(12,051)

    Operating Ratios: 

    Loss and loss adjustment expense ratio 
     59.8%  
     116.2%  
     126.7%  
     79.1%  
     16.0%  
     91.2% 
  
    Expense ratio 
     32.2%  
     44.4%  
     39.7%  
     15.1%  
     24.2%  
     33.9% 
  
    Combined ratio 
     92.0%  
     160.6%  
     166.4%  
     94.2%  
     40.2%  
     125.1% 

    Balances at June 30, 2025: 

    Premiums and agents’ balances receivable 
    $28,498  
    $6,534  
    $12,204  
    $35,006  
    $3,362  
    $85,604 
  
    Deferred policy acquisition costs 
     7,187  
     5,109  
     10,518  
     2,049  
     1,457  
     26,320 
  
    Reinsurance recoverables on losses