Hippo (HIPO) - 2023 Q4 - Annual Results

hippo E LETTER TO SHAREHOLDERS 04 2023 hippo KEY HIGHLICHTS FROM 04 Favorable Mix-Shift Driving Top-line Growth Continued HHIP Loss Ratio Improvement Generating Substantial Operating Leverage . GAAP Operating expenses, excluding loss and loss adjustment and insurance related expense, declined from 158% of revenue a year ago to 75% in Q4 Net Loss and Adjusted EBITDA continuing to improve Financial Strength Total Generated Premium in-Force $1,140M $813M $602M Q4 '21 Q4 '22 Q4'23 Revenue YoY 2 Q4'23 $64M $36M ...