NI Holdings Q1 net income $6.4M vs loss; combined ratio improves to 97.2%

NI Holdings, Inc.

2024-Q1 EPS reported $0.30 revenue$91,350,000

Direct written premiums up 13.4% to $102.7M, led by Non-Standard Auto (+23.2%) and Home & Farm (+13.1%).
Combined ratio improved to 97.2% from 112.2% a year ago, driven by rate increases and lower weather losses.
EPS of $0.31 vs -$0.20; net income attributable to NI Holdings of $6.4M vs -$4.2M.
Net investment income rose to $3.6M on higher fixed-income reinvestment rates; net investment gain $1.8M.

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 0.9

NI Holdings, Inc. reported financial results for the quarter ended March 31, 2024.

Period: the quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 9, 2024, the Company issued a press release announcing its financial results for the quarter ended March 31, 2024.

View on SEC.gov

1052 earnings releases filed in the last 30 days. Browse all earnings releases →

NI Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001174947-24-000724

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.