NI | 10-Q: FY2025 Q3 Revenue: USD 76.57 M

Revenue: As of FY2025 Q3, the actual value is USD 76.57 M.

EPS: As of FY2025 Q3, the actual value is USD -0.08.

EBIT: As of FY2025 Q3, the actual value is USD -6.26 M.

Private Passenger Auto

• Net Premiums Earned: $23,206 for Q3 2025, $68,787 for the nine months ended September 30, 2025.
• Net Losses and Loss Adjustment Expenses: $14,114 for Q3 2025, $41,309 for the nine months ended September 30, 2025.
• Underwriting Gain: $2,527 for Q3 2025, $6,144 for the nine months ended September 30, 2025.
• Combined Ratio: 89.1% for Q3 2025, 91.1% for the nine months ended September 30, 2025.

Non-Standard Auto

• Net Premiums Earned: $10,859 for Q3 2025, $43,617 for the nine months ended September 30, 2025.
• Net Losses and Loss Adjustment Expenses: $15,380 for Q3 2025, $46,777 for the nine months ended September 30, 2025.
• Underwriting Loss: -$9,464 for Q3 2025, -$22,828 for the nine months ended September 30, 2025.
• Combined Ratio: 187.1% for Q3 2025, 152.3% for the nine months ended September 30, 2025.

Home and Farm

• Net Premiums Earned: $23,642 for Q3 2025, $68,673 for the nine months ended September 30, 2025.
• Net Losses and Loss Adjustment Expenses: $18,556 for Q3 2025, $55,355 for the nine months ended September 30, 2025.
• Underwriting Loss: -$2,751 for Q3 2025, -$10,814 for the nine months ended September 30, 2025.
• Combined Ratio: 111.6% for Q3 2025, 115.7% for the nine months ended September 30, 2025.

Crop

• Net Premiums Earned: $10,364 for Q3 2025, $20,697 for the nine months ended September 30, 2025.
• Net Losses and Loss Adjustment Expenses: $5,339 for Q3 2025, $13,306 for the nine months ended September 30, 2025.
• Underwriting Gain: $3,287 for Q3 2025, $4,013 for the nine months ended September 30, 2025.
• Combined Ratio: 68.3% for Q3 2025, 80.6% for the nine months ended September 30, 2025.

All Other

• Net Premiums Earned: $3,834 for Q3 2025, $10,633 for the nine months ended September 30, 2025.
• Net Losses and Loss Adjustment Expenses: $2,808 for Q3 2025, $4,582 for the nine months ended September 30, 2025.
• Underwriting Loss: -$120 for Q3 2025, $2,400 for the nine months ended September 30, 2025.
• Combined Ratio: 103.1% for Q3 2025, 77.4% for the nine months ended September 30, 2025.

Outlook

The company is focusing on strategic decisions to exit certain markets and reduce exposure in non-standard auto segments, aiming to improve underwriting performance and reduce volatility. The company anticipates further reductions in net earned premiums over the next twelve months as a result of these strategic decisions.