Lemonade reduces quota share reinsurance cession rate again
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Reinsurance News - Aug 12, 2022
Lemonade has said it is to cede 55% of its gross premiums to the quota sharing reinsurance program it entered into two years ago, down from the original 75%, and the 70% it had reduced the cession rate to last year. The announcement was made in the firm’s letter to shareholders, where it said the [&...
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