NI | 10-Q: FY2025 Q2 Revenue: USD 76.06 M

Revenue: As of FY2025 Q2, the actual value is USD 76.06 M.

EPS: As of FY2025 Q2, the actual value is USD -0.57.

Private Passenger Auto

• Net Premiums Earned: $22,923 for Q2 2025, $45,581 for H1 2025.
• Net Losses and Loss Adjustment Expenses: $13,700 for Q2 2025, $27,195 for H1 2025.
• Underwriting Gain (Loss): $1,832 for Q2 2025, $3,617 for H1 2025.
• Combined Ratio: 92.0% for Q2 2025, 92.1% for H1 2025.

Non-Standard Auto

• Net Premiums Earned: $14,505 for Q2 2025, $32,758 for H1 2025.
• Net Losses and Loss Adjustment Expenses: $16,860 for Q2 2025, $31,397 for H1 2025.
• Underwriting Gain (Loss): -$8,798 for Q2 2025, -$13,363 for H1 2025.
• Combined Ratio: 160.6% for Q2 2025, 140.7% for H1 2025.

Home and Farm

• Net Premiums Earned: $21,311 for Q2 2025, $45,031 for H1 2025.
• Net Losses and Loss Adjustment Expenses: $27,011 for Q2 2025, $36,799 for H1 2025.
• Underwriting Gain (Loss): -$14,162 for Q2 2025, -$8,063 for H1 2025.
• Combined Ratio: 166.4% for Q2 2025, 117.9% for H1 2025.

Crop

• Net Premiums Earned: $10,711 for Q2 2025, $10,335 for H1 2025.
• Net Losses and Loss Adjustment Expenses: $8,468 for Q2 2025, $7,967 for H1 2025.
• Underwriting Gain (Loss): $626 for Q2 2025, $727 for H1 2025.
• Combined Ratio: 94.2% for Q2 2025, 93.0% for H1 2025.

All Other

• Net Premiums Earned: $3,555 for Q2 2025, $6,797 for H1 2025.
• Net Losses and Loss Adjustment Expenses: $568 for Q2 2025, $1,774 for H1 2025.
• Underwriting Gain (Loss): $2,126 for Q2 2025, $2,518 for H1 2025.
• Combined Ratio: 40.2% for Q2 2025, 63.0% for H1 2025.

Outlook

The company anticipates further reductions in net earned premiums for the Non-Standard Auto segment due to strategic decisions to exit certain markets and improve profitability. Additionally, the company expects to generate sufficient funds from operations and maintain liquidity to meet claim settlements and operating expenses.