Hippo’s McCathron says diversification will reduce loss ratio as share price slides on Q2 spike
The president of Hippo has stressed that the homeowners insurtech’s loss ratio will improve over time as a result of growth and diversification, with investors sending its shares down over 8 percent in trading on Tuesday following a jump in the Q2 loss ratio to 161 percent.
Want to read this article?
Subscribe for FULL access to this article - and ALL our premium content
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Spencer Halladey
Commercial director
Email: spencer.halladey@wbmediagroup.com
Tel: +44 (0) 203 934 6687
Andy Stone
Sales manager
Email: andy.stone@wbmediagroup.com
Tel: +44 (0) 203 934 6684
Subscribers get access to:
- Full web access to all content
- Regular breaking news/analysis by email on all critical issues
- Two daily round-ups of the day’s news
- Opinion from market thought-leaders and exclusive data on the industry
- Control over the content you receive - and WHEN you receive it
- Access to The Insurer App
- Discounted subscriber prices for all our events
- Dedicated account manager to ensure you receive the best value for money