NI Holdings, Inc.
NODK · XNASCIK 1681206fmd_15T5F5BHN91B3RCBG53ASTJZ3NFinance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance
Coverage: Jan 01, 2014 to Sep 30, 2026, 48 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net premiums earned | 153 | 179 | 196 | 246 | 284 | 300 | 272 | 292 | 310 | 271 |
| Total revenues | 164 | 189 | 212 | 271 | 306 | 324 | 268 | 304 | 325 | 285 |
| Net investment income | 5 | 7 | 8 | 10 | 11 | 7 | 8 | 10 | 12 | 12 |
| Commissions and fees | 2 | 2 | – | – | – | – | – | – | – | – |
| Realized investment gains (losses) | 6 | 3 | 4 | 15 | 14 | 15 | (12) | 2 | 2 | 2 |
| Gross profit | 34 | 57 | 77 | 77 | 115 | 83 | 30 | 106 | 103 | 70 |
| Losses and loss adjustment expenses | 119 | 123 | 119 | 170 | 168 | 216 | 242 | 187 | 207 | 201 |
| Policy acquisition costs | 20 | 28 | 32 | 46 | 51 | 65 | 54 | 68 | 71 | 60 |
| Total operating expenses | 158 | 167 | 173 | 237 | 254 | 313 | 321 | 283 | 315 | 297 |
| Operating income | (123) | (110) | (97) | (160) | (138) | (229) | (291) | (178) | (212) | (228) |
| Income before taxes | 6 | 22 | 39 | 34 | 53 | 11 | (53) | 21 | 10 | (12) |
| Income tax expense | 1 | 6 | 8 | 7 | 11 | 3 | (14) | 1 | 4 | (2) |
| Net income from continuing operations | 5 | 16 | 31 | 27 | 41 | 8 | (54) | (5) | (6) | (10) |
| Net income | 5 | 16 | 31 | 26 | 40 | 8 | (53) | (5) | (6) | (10) |