secwatch.observer — SEC 8-K summary
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Issuer:     NI Holdings, Inc. (NODK)
CIK:        0001681206
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001174947-22-000921
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NI Holdings reports Q2 net loss of $45.9M driven by $49.1M catastrophe losses
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- Net loss of $45.9M vs $2.6M loss in Q2 2021; diluted EPS loss of $2.15.
- Direct written premiums grew 15.5% to $145.0M, led by Crop, Commercial, and Non-Standard Auto.
- Underwriting loss of $50.3M from $49.1M pre-tax catastrophe losses (prior year $10.0M).
- Net investment losses of $11.1M vs gains of $4.7M a year ago, due to equity market conditions.
- Repurchased 56,372 shares at avg $16.58 for $0.9M during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681206/000117494722000921/0001174947-22-000921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681206/000117494722000921/form8k-28450_nodk.htm
  HTML page:      https://secwatch.observer/filing/0001174947-22-000921

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