Ni Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021 at 04:11 pm EDT
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NI Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 83.212 million compared to USD 95.667 million a year ago. Net loss was USD 2.644 million compared to net income of USD 18.733 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to basic earnings per share from continuing operations of USD 0.86 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to diluted earnings per share from continuing operations of USD 0.85 a year ago. For the half year, total revenue was USD 154.011 million compared to USD 141.853 million a year ago. Net income was USD 7.025 million compared to USD 15.146 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.68 a year ago.
NI Holdings, Inc. is an insurance holding company. The Company is the stock holding company of Nodak Insurance Company (Nodak Insurance). Nodak Insurance is a domestic property and casualty insurance company. The Companyâs segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and all other. The private passenger auto insurance segment writes private passenger auto insurance to provide protection against liability for bodily injury and property damage arising from automobile accidents as well as protection against loss from damage to automobiles owned by the insured. The non-standard auto insurance segment writes non-standard auto insurance. The home and farm insurance segment writes homeowners and farmowners policies. The crop insurance segment offers crop hail and multi-peril crop insurance policies. The commercial insurance segment writes commercial multi-peril policies.
NI HOLDINGS, INC. 
