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Hippo Holdings HIPO Catastrophe reserves release

Catastrophe reserves release at other companies

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$268M-41.6%
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$5.4M-91.4%
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KemperKMPR
$6.25M0.0%
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Cavco IndustriesCVCO
$4M0.0%
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$90M-18.2%
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$101.5K-97.0%

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 hippo:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseCatastropheReservesRelease.

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 catastrophe reserves release?
Hippo Holdings (HIPO) reported catastrophe reserves release of $1M in Q1 2026.
How has Hippo Holdings's catastrophe reserves release changed year-over-year?
Hippo Holdings's catastrophe reserves release increased by 900.0% year-over-year, from $100K to $1M.
What is the long-term trend for Hippo Holdings's catastrophe reserves release?
Over 3 years (2022 to 2025), Hippo Holdings's catastrophe reserves release has grown at a 37.5% compound annual growth rate (CAGR), from $1M to $2.6M.
What does catastrophe reserves release mean?
This represents the reduction in reserves specifically allocated for large-scale, infrequent catastrophic events. It occurs when the actual impact of a catastrophe is less severe than the initial actuarial projections. This metric helps investors understand the volatility of the company's underwriting results and the impact of extreme weather or disaster events on earnings.