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Stock impact report

Hippo Reports First Quarter 2022 Financial Results

Hippo Holdings Inc. (HIPO) 
Company Research Source: Business Wire
PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced its consolidated financial results for the three months that ended March 31, 2022.Complete financial results can be found in the company's shareholder letter in the Investor Relations section of Hippo’s website at https://investors.hippo.com.“We’re excited by the progress reported today, achieving significant growth while delivering our best quarterly gross loss ratio since our public listing," said Hippo co-founder and CEO Assaf Wand. “We believe by focusing on geographic expansion, attracting more homeowners who embrace proactive home protection through our omni-channel strategy, and continuously refining our risk models, we will deliver better outcomes for our customers and fuel Hippo’s success.”First Quarter HighlightsContinued Strong Growth25% YoY growth in 1Q22 Total Generated Premium (TGP)On track for full year guidance of $800-$820 million Show less Read more
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