Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 30

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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    $186,661  
    $155,053 

    Six Months Ended June 30, 2025  
    Six Months Ended June 30, 2024 

    Premiums Written  
    Premiums Earned  
    Premiums Written  
    Premiums Earned 
  
    Discontinued operations: 

    Direct premium 
    $—  
    $—  
    $41,632  
    $39,083 
  
    Assumed premium 
     —  
     —  
     —  
     — 
  
    Ceded premium 
     —  
     —  
     (8,743) 
     (8,027)
  
    Net premiums 
    $—  
    $—  
    $32,889  
    $31,056 

18 

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:

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Direct losses and loss adjustment expenses 
    $109,382  
    $88,568  
    $149,761  
    $143,222 
  
    Assumed losses and loss adjustment expenses 
     284  
     224  
     51  
     269 
  
    Ceded losses and loss adjustment expenses 
     (43,059) 
     (7,993) 
     (44,680) 
     (10,483)
  
    Net losses and loss adjustment expenses 
    $66,607  
    $80,799  
    $105,132  
    $133,008 

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

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Continuing operations: 

    Direct losses and loss adjustment expenses 
    $109,382  
    $73,350  
    $149,761