NI Holdings (NI Holdings) Net Policyholder Benefits/Claims : $244.4 Mil (As of Dec. 2023)

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What is NI Holdings Net Policyholder Benefits/Claims?

Policyholder benefits & claims is the fund paid out by insurances companies to cover the insurance losses, liabilities and expenses. NI Holdings's policyholder benefits & claims for the three months ended in Dec. 2023 was $44.5 Mil. Its policyholder benefits & claims for the trailing twelve months (TTM) ended in Dec. 2023 was $244.4 Mil.

NI Holdings's quarterly policyholder benefits & claims declined from Jun. 2023 ($77.5 Mil) to Sep. 2023 ($63.6 Mil) and declined from Sep. 2023 ($63.6 Mil) to Dec. 2023 ($44.5 Mil).

NI Holdings's annual policyholder benefits & claims increased from Dec. 2021 ($216.4 Mil) to Dec. 2022 ($294.4 Mil) but then declined from Dec. 2022 ($294.4 Mil) to Dec. 2023 ($244.4 Mil).

NI Holdings Net Policyholder Benefits/Claims Historical Data

The historical data trend for NI Holdings's Net Policyholder Benefits/Claims can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NI Holdings Net Policyholder Benefits/Claims Chart

NI Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Policyholder Benefits/Claims

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169.71

168.47

216.38

294.43

244.41

NI Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Policyholder Benefits/Claims	Get a 7-Day Free Trial															66.79	58.83	77.51	63.56	44.52

NI Holdings Net Policyholder Benefits/Claims Calculation

Fund paid out by insurances companies to cover the insurance losses, liabilities and expenses.

Net Policyholder Benefits/Claims for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $244.4 Mil.

NI Holdings (NI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NI Holdings Inc (NAS:NODK) » Definitions » Net Policyholder Benefits/Claims

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 First Avenue North, Fargo, ND, USA, 58102

Website

http://www.niholdingsinc.com

NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. It generates maximum revenue from the home and farm insurance segment.

Executives

Patrick W. Duncan	officer: Vice President of Operations	1101 FIRST AVENUE NORTH, FARGO ND 58102
Prakash Mathew	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Duaine Espegard	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Stephen V. Marlow	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Jeffrey R. Missling	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Eric K. Aasmundstad	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
William Russell Devlin	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Cindy Launer	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Michael J. Alexander	director, officer: President & CEO	1101 FIRST AVENUE NORTH, FARGO ND 58102
Seth C. Daggett	officer: EVP of Strategy	1101 FIRST AVENUE NORTH, FARGO ND 58102
Timothy J. Milius	officer: Vice President of Finance	1101 FIRST AVENUE NORTH, FARGO ND 58102
Brian R. Doom	officer: Executive Vice President & CFO	1101 FIRST AVENUE NORTH, FARGO ND 58102
Brad J. Larson	officer: Regional Sales Director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Nodak Mutual Group, Inc.	10 percent owner	1101 FIRST AVENUE NORTH, FARGO ND 58102