Hippo Hldgs Inc Stock Price, News & Analysis

Hippo Holdings Inc. (NYSE: HIPO) will participate in a fireside chat at the Goldman Sachs Virtual Insurtech Conference on June 7, 2022, at 10:30 a.m. Eastern Time. The conference aims to highlight how technology start-ups disrupt the insurance landscape. Hippo focuses on proactive home protection and aims to enhance home safety and customer experience through real-time data and smart technologies. Archived webcasts will be accessible post-event on Hippo's Investor Relations site.

Hippo (NYSE: HIPO) reported robust financial results for Q1 2022, showcasing a 25% YoY growth in Total Generated Premium (TGP), reaching a full-year guidance of $800-$820 million. Revenue surged 44% YoY with expectations of $140-$142 million for the full year. Notably, the company achieved its best gross loss ratio at 76%, with projections for improvement to below 100%. Hippo's cash and investments totaled $772 million as of March 31, 2022, underpinning its strong financial stability.

Hippo (NYSE: HIPO) has announced its expansion into New York State, offering home insurance products to 4.5 million homeowners. This move significantly increases Hippo's reach, now covering 88.9% of the U.S. population across 38 states. The company aims to provide modern coverage, smart home devices, and personalized guidance through Hippo Home Care. With over 150 significant weather events recorded in New York over the past decade, Hippo emphasizes its proactive approach to home insurance, leveraging real-time data and technology for better customer support.

Hippo (NYSE: HIPO) announced that its Q1 financial results will be released on May 13, 2022, before market open. A conference call for analysts and investors is scheduled for 8:30 a.m. ET on the same day, accessible via dial-in and webcast. The results will be available on the company's investor relations website prior to the call. Hippo aims to enhance home safety through technology and services, offering products to over 80% of U.S. homeowners across 37 states.

Hippo Holdings Inc. (NYSE: HIPO) reported its financial results for Q4 and the full year ending December 31, 2021. The results, along with management commentary, are accessible through their investor relations website. A conference call to discuss these results is scheduled for March 10, 2022, at 2:00 p.m. Pacific Time. Hippo aims to enhance home safety using real-time data and smart home technology, providing insurance products to over 80% of U.S. homeowners across 37 states.

Hippo (NYSE: HIPO) is set to release its fourth quarter financial results on March 10, 2022, after market close. A conference call for analysts and investors will commence at 5:00 p.m. ET, featuring a shareholder letter accessible via the company's investor relations webpage. Hippo strives to enhance home protection through innovative technology and services, currently providing coverage to over 80% of U.S. homeowners in 37 states. The firm is headquartered in Palo Alto, California, with additional offices in Austin and Dallas, Texas.

Hippo (NYSE: HIPO) expands its Commercial Lines homeowners association (HOA) insurance into over 15 states since its August 2021 launch, driven by strong market demand. Utilizing Socotra's modern platform, Hippo enhances the insurance quote process, allowing tailored policies that include coverage for amenities often overlooked. With plans to target over 380,000 HOA communities nationwide, the company's innovative insurance model aims to reach underinsured markets and support diverse customer needs.

Hippo (NYSE: HIPO), a leading home insurance group, will participate in the JMP Securities Financial Services & Real Estate Conference on November 18, 2021. CEO Assaf Wand will moderate a panel titled, InsurTech: Transforming the Home Buying/Ownership Experience. The session is scheduled for 10:00 a.m. Eastern Time. Interested parties can access the panel via this link. An on-demand replay will be available later on Hippo's investor website.

Hippo Holdings Inc. (NYSE: HIPO) reported strong financial results for Q3 2021, with $162 million in total generated premium and an increase in premium retention to 89%. The gross loss ratio is on an improving trend, prompting the company to raise its full-year outlook for total generated premium from $560-$570 million to $600-$605 million. CEO Assaf Wand highlighted significant growth in business areas that matter most, underscoring investments paving the way for future success.