{"id":2079,"date":"2025-08-06T13:40:09","date_gmt":"2025-08-06T13:40:09","guid":{"rendered":"https:\/\/beijingcareer.com\/?p=2079"},"modified":"2025-08-06T18:24:52","modified_gmt":"2025-08-06T18:24:52","slug":"hippos-revenue-increased-31-to-117m-in-q225","status":"publish","type":"post","link":"https:\/\/beijingcareer.com\/index.php\/2025\/08\/06\/hippos-revenue-increased-31-to-117m-in-q225\/","title":{"rendered":"Hippo\u2019s revenue increased 31% to $117m in Q2\u201925"},"content":{"rendered":"

Home insurance firm Hippo reported a 31% year over year increase in revenue to $117 million in the second quarter of 2025, driven by growth in gross earned premium and higher premium retention.<\/p>\n

\"HippoGross written premium rose 16% to $299 million, supported by organic growth in existing business and the launch of new hybrid fronting programs.<\/p>\n

Net Income attributable to Hippo was $1 million, up significantly compared to the net loss of $40 million in Q2\u201924.<\/p>\n

The company posted a consolidated net loss ratio of 47%, representing a 46pp improvement from the prior year quarter, driven by underwriting and rate actions, improved claims operations, and favourable reserve releases.<\/p>\n

HHIP\u2019s net loss ratio improved by 58pp to 55%, reflecting a stronger gross loss ratio.<\/p>\n

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HHIP non-PCS loss ratio improved by 28pp to 42%, while the PCS loss ratio improved by 30pp to 13%, including a 7pp benefit from favourable reserve releases.<\/p>\n

Fixed expenses declined by $6 million in Q2\u201925, while revenue increased by $28 million, reflecting continued improvement in operational efficiencies.<\/p>\n

Quarter over quarter, cash and investments, excluding restricted cash, increased $76 million to $604 million, primarily due to the issuance of a $50 million surplus note.<\/p>\n

Rick McCathron, President and CEO of Hippo, said, “We stacked another strong quarter, with more than 30% revenue growth, a major improvement in our net loss ratio, and increased operating leverage\u2014all of which helped us achieve positive net income from operating activities for the first time.<\/p>\n

“We also announced a strategic partnership that will accelerate our growth and diversification, while strengthening our balance sheet with a $100 million capital infusion. In addition, we launched two exciting new commercial and casualty programs on our hybrid fronting platform, unlocking important new sources of diversification and profitability.”<\/p>\n

The post Hippo\u2019s revenue increased 31% to $117m in Q2\u201925<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Home insurance firm Hippo reported a 31% year over year increase in revenue to $117 million in the second quarter of 2025, driven by growth in gross earned premium and higher premium retention. Gross written premium rose 16% to $299 million, supported by organic growth in existing business and the launch of new hybrid fronting […]<\/p>\n","protected":false},"author":1,"featured_media":2081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/2079"}],"collection":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/comments?post=2079"}],"version-history":[{"count":3,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/2079\/revisions"}],"predecessor-version":[{"id":2083,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/2079\/revisions\/2083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/media\/2081"}],"wp:attachment":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/media?parent=2079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/categories?post=2079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/tags?post=2079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}