secwatch.observer — SEC 8-K summary
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Issuer:     Hippo Holdings Inc. (HIPO)
CIK:        0001828105
Form:       8-K
Filed at:   2021-09-02T23:59:59+00:00
Accession:  0001193125-21-263503
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828105/000119312521263503/0001193125-21-263503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828105/000119312521263503/d558010d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-263503

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