Hippo experienced YoY reduction in cat losses, despite severe weather: CEO
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Hippo experienced YoY reduction in cat losses, despite severe weather: CEO

The InsurTech’s cat weather loss ratio improved by 83%

By Caroline Ryan
August 08, 2024
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Hippo sign, logo on headquarters building of an American property insurance company - Palo Alto, California, USA - 2023

Hippo CEO Rick McCathron said that the company has reduced its exposure to wind- and hail-related events compared to Q2 of last year, which has improved its cat weather loss ratio by 83%.

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