Hippo lifts retention by 30% as quota share cover shrinks
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Hippo lifts retention by 30% as quota share cover shrinks

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InsurTech Hippo has significantly lifted the retention on its flagship homeowners quota share reinsurance programme to 40% for 2023.

This compares to a retention rate of 10% in prior years, according to a note from Keefe, Bruyette & Woods.

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