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Hippo Holdings HIPO Reinsurance balances payable

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Other financials

Income statement

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Revenue$121.5M+10.2%
Operating income-$561.6K
Net income$7.1M+115%
EPS (diluted)$0.27+114%

Balance sheet

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Cash & equivalents$304.8M+69.1%
Total debt$3.6M-59.6%
Total equity$448.7M+39.0%
Total assets$2.1B+33.9%

Cash flow

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Operating cash flow$8.5M+124%
CapEx$100.0K0.0%
Free cash flow$8.4M+124%

Valuation

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Market cap$673.55M-6.1%
Enterprise value$372.35M-31.8%
P/E
P/S1.4×-0.4×

Profitability

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Net margin23.4%
FCF margin11.1%

Returns & leverage

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Return on equity29.2%
Debt / equity0.0×
Current ratio0.7×

Where this comes from

Reported directly by Hippo Holdings in its filing.

Tagged under the XBRL concept us-gaap:ReinsurancePayable.

The official record: Hippo Holdings’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hippo Holdings's reinsurance balances payable?
Hippo Holdings (HIPO) reported reinsurance balances payable of $356.3M in Q1 2026.
How has Hippo Holdings's reinsurance balances payable changed year-over-year?
Hippo Holdings's reinsurance balances payable increased by 49.5% year-over-year, from $238.3M to $356.3M.
What is the long-term trend for Hippo Holdings's reinsurance balances payable?
Over 5 years (2020 to 2025), Hippo Holdings's reinsurance balances payable has grown at a 28.7% compound annual growth rate (CAGR), from $86.1M to $304.4M.
What does reinsurance balances payable mean?
Reinsurance balances payable represent the amounts owed by the insurer to its reinsurers for premiums ceded or for claims that have been recovered but not yet settled. This liability reflects the company's ongoing financial obligations within its reinsurance risk-sharing framework. Monitoring this balance is essential for understanding the company's net leverage and its cash flow obligations to reinsurance partners.