Hippo: Stuck in the Mud
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Hippo: Stuck in the Mud

Insurance Insider US Research
August 18, 2021
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Stock performance since August 3 IPC 18 Aug redo v2.jpg

Following a challenging earnings cycle for InsurTech carriers, Hippo’s second-quarter results did not break the trend. The company reported a net loss ratio of 210%, a full 78pts higher than its loss ratio of 132% in Q2 2020.

A quick segue first. In March, we wrote about our personal experience of trying Hippo for the NJ real estate market.

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