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Stock impact report

truInsights into Anxiety in Pets: Trupanion Sees Record High Year of Anxiety Claims, Offers Tips for How to Spot and Prevent

Trupanion, Inc. (TRUP) 
Last trupanion, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.trupanion.com
Company Research Source: GlobeNewswire
SEATTLE, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Anxiety claims are on the rise, according to Trupanion, Inc. (Nasdaq: TRUP), the leading provider of medical insurance for cats and dogs. Looking at veterinary invoice data from over one million insured pets, Trupanion indicates that in total, and on a per pet basis, 2023 was a record high for the number of veterinary claims related to anxiety and offers tips for pet parents looking for ways to spot or prevent anxiety in their own pets. A Year of Record High Claims for Anxiety In 2023, Trupanion paid 21,180 anxiety claims, and from 2019 - 2023, on average paid about 12,178 anxiety claims per year. These claims have been steadily increasing each year, growing an estimated 227% in total, and as a percentage of total Trupanion insured pets, by 71% since 2019. Anxiety can be a chronic condition in pets, and Trupanion members claiming for anxiety make an average of 3 claims for this condition over their pets’ lifetime. Commenting on the incr Show less Read more
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