Lemonade posts $57.2m net loss in Q2 results, IFP increases 22% YoY

Share!

Reinsurance News - Jul 31, 2024

Lemonade, a digital insurance firm powered by AI, has posted a net loss of $57.2 million for the second quarter of 2024, compared to a loss of $67.2 million from the second quarter of 2023. At the same time, in-force premium (IFP) increased by 22% year on year (YoY) to $838.8 million, while gross lo...

Read Full Article

Recommended Articles

AIG CEO doubles down on AI strategy amid complex risk landscape

Posted: Apr 01, 2026

In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasi...

AM Specialty Insurance announces series of promotions

Posted: Apr 01, 2026

AM Specialty Insurance Group (ASIG), a provider of specialty insurance solutions, has announced a se...

Acrisure completes acquisition of MGA Vave from Canopius

Posted: Apr 01, 2026

Acrisure, a global fintech leader, has completed its previously announced acquisition of specialty r...