Hippo posts wider Ebitda loss of $54.8mn in Q3, books $73mn of gross Ian losses
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Hippo posts wider Ebitda loss of $54.8mn in Q3, books $73mn of gross Ian losses

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Hippo posted an adjusted Ebitda loss of $54.8mn in the third quarter, marking a deterioration from the $48.4mn loss it posted in Q3 2021.

The personal lines InsurTech said in the second quarter that it expected Q3 2022 to be its peak loss quarter.

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