Hippo (US:HIPO)2025-11-05 13:00Financial Performance - Gross Written Premium (GWP) increased to $311.2 million[21] - Net Written Premium (NWP) reached $117.9 million[21] - Net Loss Ratio is 48%[4] - Net Combined Ratio is 100%[4] - Net income was $98.1 million[4] - Adjusted Net Income was $18.3 million[4] - Book Value Per Share (BVPS) grew 14% compared to year-end 2024, reaching $16.64[4, 27] Growth and Diversification - The company has a total of 36 programs, including 6 new programs[4, 11] - Westwood integration saw first policies bound in October 2025[12] - CMP & Casualty GWP grew by 130% compared to Q3 2024[12] Underwriting Improvements - Loss Ratio improved by 25 percentage points due to Westwood Integration[12] - Combined Ratio improved by 28 percentage points due to Westwood Integration[12] - Combined Ratio improved by 27.9 percentage points compared to Q3 2024[23] Future Outlook - The company projects 2025 Gross Written Premium between $1.09 billion and $1.11 billion[28] - The company projects 2025 Adjusted Net Income between $10 million and $14 million[28]