Hippo Q4 net loss ratio leaps to 216%
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Hippo Q4 net loss ratio leaps to 216%

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Hippo’s net loss ratio nearly doubled to 216% in Q4 2021, compared to 136% in the prior-year period. 

In tandem, gross written premiums rose 66% to $120.6mn, according to Hippo’s shareholder letter.

For full-year 2022, the company is targeting total generated premiums of $800mn to $820mn, compared with $606mn in 2021.

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