Hippo breaks down Q2/H1 2021 loss ratios: Uri 14pp/58pp, other PCS 85pp/58pp

Hippo Holdings Inc.

Q2 2021 Gross Loss Ratio of 161%: Winter Storm Uri 14pp, other PCS catastrophic events 85pp, non-PCS 62pp.
H1 2021 Gross Loss Ratio of 177%: Uri 58pp, other PCS events 58pp, non-PCS 61pp.
Q2 PCS losses from 17 named events (13 in Texas), totaling $73.9M gross losses; $71M from Texas.
H1 PCS losses from 27 named events (18 in Texas), totaling $93M gross losses; $88.3M from Texas.
Disclosure follows prior 8-K/A filing; provides granular breakdown of weather impact on loss ratios.

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