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