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NI Holdings Posts $0.27 in Basic Q3 Earnings Per Share After a Loss

Gross premiums written fell 7.2% to $54.3 million, while net investment income declined 10.7% to $2.7 million.

A black pen touches a blank line in an insurance ledger / TokenPost.ai
A black pen touches a blank line in an insurance ledger / TokenPost.ai

NI Holdings, Inc. recorded basic earnings of $0.27 per share in the third quarter, after a $0.08-per-share loss in the year-earlier quarter. Gross premiums written came to $54.3 million, a 7.2% decline year over year.

Net investment income totaled $2.7 million, down 10.7% from the prior-year quarter.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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