Hippo Holdings Inc
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
HIPO$36.29+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except share and per share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Investments: | ||
| Fixed maturities available-for-sale, at fair value (amortized cost: $208.3 million and $164.6 million, respectively) | $205.7 | $161.7 |
| Short-term investments, at fair value (amortized cost: $167.6 million and $187.1 million, respectively) | 167.6 | 187.1 |
| Total investments | 373.3 | 348.8 |
| Cash and cash equivalents | 197.6 | 142.1 |
| Restricted cash | 35.2 | 53.0 |
| Accounts receivable, net of allowance of $0.6 million and $0.5 million, respectively | 167.0 | 145.2 |
| Reinsurance recoverable on paid and unpaid losses and LAE | 285.3 | 281.3 |
| Prepaid reinsurance premiums | 274.2 | 335.6 |
| Ceding commissions receivable | 79.5 | 73.8 |
| Capitalized internal use software | 48.1 | 48.4 |
| Intangible assets | 17.0 | 27.3 |
| Other assets | 66.2 | 69.2 |
| Total assets | $1,543.4 | $1,524.7 |
| Liabilities and stockholders’ equity | ||
| Liabilities: | ||
| Loss and loss adjustment expense reserve | $350.0 | $322.5 |
| Unearned premiums | 457.9 | 419.2 |
| Reinsurance premiums payable | 248.6 | 260.1 |
| Provision for commission | 34.3 | 24.7 |
| Accrued expenses and other liabilities | 87.4 | 113.5 |
| Total liabilities | 1,178.2 | 1,140.0 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value per share; 80,000,000 and 80,000,000 shares authorized as of December 31, 2024 and December 31, 2023, respectively; 24,866,803 and 24,148,308 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 1,639.7 | 1,615.2 |
| Accumulated other comprehensive loss | (2.7) | (2.9) |
| Accumulated deficit | (1,274.9) | (1,234.4) |
| Total Hippo stockholders' equity | 362.1 | 377.9 |
| Noncontrolling interest | 3.1 | 6.8 |
| Total stockholders’ equity | 365.2 | 384.7 |
| Total liabilities and stockholders’ equity | $1,543.4 | $1,524.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.