NI Holdings Retained Earnings 2011-2025 | NODK

Retained earnings — this is the portion of a company’s net profit that has not been distributed to shareholders as dividends but remains at the company’s disposal for future use. It is also referred to as retained income or accumulated earnings.

Possible uses include

reinvestment in development (R&D, equipment, marketing)
debt repayment
acquisition of other companies
creation of reserves for the future

A high level of retained earnings indicates that the company is in a growth phase, accumulating capital and prioritizing reinvestment over dividend payouts. Conversely, low or negative retained earnings may suggest either a generous dividend policy, in which all profits are distributed to shareholders, or ongoing losses that reduce the overall financial result.

The presence of retained earnings does not indicate that the company has available cash — it is solely an accounting figure reflecting the accumulated portion of net profit remaining after dividends have been paid. Therefore, it is important for investors to analyze not only the amount of retained earnings, but also how effectively it is used to develop the business, reduce debt, or build financial stability.

Annual Retained Earnings NI Holdings

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
202 M	208 M	214 M	267 M	259 M	218 M	184 M	153 M	140 M	135 M	118 M	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
267 M	118 M	191 M

Quarterly Retained Earnings NI Holdings

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
194 M	196 M	208 M	202 M	192 M	198 M	-	208 M	202 M	202 M	210 M	214 M	213 M	-	269 M	267 M	261 M	266 M	268 M	259 M	259 M	259 M	259 M	218 M	218 M	218 M	218 M	184 M	184 M	184 M	184 M	153 M	153 M	153 M	153 M	140 M	140 M	140 M	140 M	135 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
269 M	135 M	203 M

Retained Earnings of other stocks in the Insurance property industry

Issuer	Retained Earnings	Price	% 24h	Market Cap	Country
Horace Mann Educators Corporation HMN	1.5 B	$ 46.23	1.03 %	$ 1.91 B	USA
Hallmark Financial Services HALL	-33.4 M	-	-11.93 %	$ 1.49 M	USA
Kemper Corporation KMPR	1.23 B	$ 41.03	-0.56 %	$ 2.63 B	USA
Chubb Limited CB	61.6 B	$ 311.56	1.0 %	$ 126 B	Schweiz
Conifer Holdings CNFR	-63.2 M	-	24.38 %	$ 18.1 M	USA
NMI Holdings NMIH	1.58 B	$ 40.19	1.57 %	$ 3.21 B	USA
Protective Insurance Corporation PTVCA	286 M	-	-0.13 %	$ 330 M	USA
State Auto Financial Corporation STFC	774 M	-	0.19 %	$ 2.3 B	USA
The Progressive Corporation PGR	24.3 B	$ 235.71	0.37 %	$ 138 B	USA
Palomar Holdings PLMR	262 M	$ 125.67	-0.73 %	$ 3.21 B	USA
Argo Group International Holdings, Ltd. ARGO	900 K	-	-	$ 1.05 B	Bermuda
Cincinnati Financial Corporation CINF	14.9 B	$ 166.73	0.52 %	$ 26.1 B	USA
RLI Corp. RLI	1.72 B	$ 65.19	1.31 %	$ 5.97 B	USA
Donegal Group Class B DGICB	241 M	$ 15.89	1.15 %	$ 724 M	USA
Global Indemnity Group, LLC GBLI	245 M	$ 28.29	-0.38 %	$ 383 M	Irlanda
Alleghany Corporation Y	7.35 B	-	-	$ 11.4 B	USA
AXIS Capital Holdings Limited AXS	7.34 B	$ 106.27	1.83 %	$ 8.94 B	Bermuda
The Allstate Corporation ALL	53.3 B	$ 211.34	2.01 %	$ 55.9 B	USA
Loews Corporation L	16.5 B	$ 105.0	0.66 %	$ 23.1 B	USA
The Travelers Companies TRV	49.6 B	$ 289.22	1.41 %	$ 65.9 B	USA
Kingstone Companies KINS	-23.1 M	$ 16.19	1.38 %	$ 174 M	USA
American Financial Group AFG	4.01 B	$ 137.03	-0.15 %	$ 11.5 B	USA
Kinsale Capital Group KNSL	1.23 B	$ 390.19	-0.4 %	$ 9.03 B	USA
Markel Corporation MKL	13.4 B	$ 2 153.1	-0.69 %	$ 28 B	USA
CNA Financial Corporation CNA	9.69 B	$ 47.35	1.67 %	$ 12.9 B	USA
Mercury General Corporation MCY	1.85 B	$ 93.0	-0.55 %	$ 5.15 B	USA
Donegal Group Class A DGICA	241 M	$ 20.53	0.81 %	$ 724 M	USA
Lemonade LMND	-1.3 B	$ 75.63	-2.85 %	$ 5.37 B	USA
FedNat Holding Company FNHC	-126 M	-	-6.45 %	$ 5.11 M	USA
The National Security Group NSEC	33.6 M	-	-	$ 41 M	USA
HCI Group HCI	332 M	$ 187.34	-0.07 %	$ 1.87 B	USA
Heritage Insurance Holdings HRTG	26.1 M	$ 29.66	1.8 %	$ 777 M	USA
ProAssurance Corporation PRA	1.43 B	$ 24.25	-0.04 %	$ 1.24 B	USA
Safety Insurance Group SAFT	799 M	$ 78.25	-0.36 %	$ 1.15 B	USA
Selective Insurance Group SIGI	3.14 B	$ 83.45	1.4 %	$ 5.08 B	USA
Sirius International Insurance Group, Ltd. SG	-785 M	-	2.85 %	$ 1.34 B	Bermuda
Stewart Information Services Corporation STC	1.09 B	$ 72.91	0.17 %	$ 2.01 B	USA
The Hanover Insurance Group THG	2.91 B	$ 186.37	0.64 %	$ 6.65 B	USA
United Fire Group UFCS	620 M	$ 36.99	0.63 %	$ 937 M	USA
United Insurance Holdings Corp. UIHC	-237 M	-	1.28 %	$ 341 M	USA
Universal Insurance Holdings UVE	597 M	$ 32.91	-0.56 %	$ 938 M	USA
Unico American Corporation UNAM	28.6 M	-	9.09 %	$ 6.37 M	USA
W. R. Berkley Corporation WRB	12.3 B	$ 69.09	1.25 %	$ 27.6 M	USA
White Mountains Insurance Group, Ltd. WTM	3.92 B	$ 2 061.49	0.44 %	$ 5.22 B	USA
XL Fleet Corp. XL	-328 M	-	20.97 %	$ 161 M	USA