secwatch.observer — SEC 8-K summary
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Issuer:     Hippo Holdings Inc. (HIPO)
CIK:        0001828105
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001193125-21-326139
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hippo Q3 TGP up 94% to $162M; raises FY TGP guidance to $600-605M
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- Total Generated Premium $162M (+94% YoY); revenue $21.3M (+64% YoY).
- Gross loss ratio improved to 128% from 155% YoY; attritional loss ratio 63% (-5pp).
- Net loss $30.9M ($0.08/share) vs loss $38.6M ($0.44/share) a year ago.
- FY 2021 TGP guidance raised to $600-605M from $560-570M; premium retention 89%.
- New distribution partnership with home lender PennyMac; cash & investments ~$850M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828105/000119312521326139/0001193125-21-326139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828105/000119312521326139/d254255d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-326139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer