Root narrows Q4 operating loss to $12mn and sheds 68pp from CR to 112%

Published: Wed 21 Feb 2024

Root narrowed its fourth quarter operating loss to $12mn, from $48mn in Q4 2022, as it also shed 68 percentage points from its net combined ratio to 112 percent and grew policies-in-force compared with a year ago by 55 percent to 341,764.