Hippo gross loss ratio more than halved to 42% in Q4
Homeowners insurtech Hippo said it is on course for positive adjusted Ebitda by late next year after reporting a deficit of $47.3mn in the fourth quarter – as it also increased total generated premium (TGP) by 44 percent to $234mn and said it is retaining more risk for attritional events for the 2023 treaty year.