---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-035599"
form_type: "8-K"
ticker: "ROOT"
cik: "0001788882"
company_name: "Root, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:51:00.531552+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Root Q2 2024 gross premiums earned $308M (+134% YoY); net loss improved 79% to $8M

## Summary
- Policies-in-force nearly doubled to 406,283; gross premiums written rose 113% to $308M.
- Net loss improved 79% to $8M; operating income of $4M, adjusted EBITDA $12M.
- Gross accident period loss ratio improved 2 pts to 62.4%; gross combined ratio 99.9%.
- Reinsurance cession rate cut 36 pts to 15%; unencumbered capital $447M; operating cash flow positive for 4th consecutive quarter.
- Targeting near-term net income profitability; competition increased but data-science marketing optimization performed as designed.

## SEC filing metadata
- accession: 0001628280-24-035599
- form_type: 8-K
- ticker: ROOT
- cik: 0001788882
- company_name: Root, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788882/000162828024035599/0001628280-24-035599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788882/000162828024035599/root-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-035599
- JSON: https://secwatch.observer/filing/0001628280-24-035599.json
- Plain text: https://secwatch.observer/filing/0001628280-24-035599.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.