Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1880

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 6
Chunk 1880
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4,491  
     33,709 
  
           Underwriting and general expenses 
     28,038  
     36,732  
     28,573  
     4,882  
     6,741  
     104,966 
  
    Underwriting gain (loss) 
     10,407  
     (17,637) 
     (2,373) 
     7,189  
     93  
     (2,321)

    Fee and other income 
        
     1,219  

     1,938 

     (16,418) 

    Goodwill impairment charge 
        
     (2,628) 

     (2,628)

    Net investment income 

     10,943 
  
    Net investment gains (losses) 

     2,213 
  
    Income (loss) before income taxes 

     10,145 
  
    Income tax expense (benefit) 

     3,545 
  
    Net income (loss) 

     6,600 
  
    Net income (loss) attributable to non-controlling interest 

     — 
  
    Net income (loss) attributable to NI Holdings, Inc. 

    $6,600 

    Operating Ratios: 

    Loss and loss adjustment expense ratio 
     57.4%  
     79.9%  
     71.1%  
     42.9%  
     46.1%  
     66.9% 
  
    Expense ratio 
     31.0%  
     38.6%  
     31.5%  
     23.1%  
     53.2%  
     33.8% 
  
    Combined ratio 
     88.4%  
     118.5%  
     102.6%  
     66.0%  
     99.3%  
     100.7% 

    Balances at December 31, 2024: 

    Premiums and agents’ balances receivable 
    $25,843  
    $13,757  
    $10,560  
    $103  
    $2,