NI Holdings reports Q3 EPS $0.01 vs loss $0.47; combined ratio improves to 102% from 114.4%

NI Holdings, Inc.

2023-Q3 EPS reported -$0.57 revenue$271,281,000

Net income of $231K vs net loss of $9.985M in Q3 2022; diluted EPS $0.01.
Direct written premiums $81.2M, flat YoY; net earned premiums $90.8M, up 1.4%.
Combined ratio 102.0% vs 114.4%; loss ratio improved to 70.0% from 88.1%.
Repurchased 310,385 shares for $4.0M at avg $12.86 per share.
Net investment income rose to $2.8M from $2.0M, driven by higher reinvestment rates.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

NI Holdings, Inc. reported financial results for the quarter ended September 30, 2023.

Period: the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 7, 2023, the Company issued a press release announcing its financial results for the quarter ended September 30, 2023.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

NI Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001174947-23-001342

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.