Lemonade reports a loss ratio of 87% in Q1 2023
Reinsurance News - May 04, 2023
Lemonade has released its Q1 2023 financial results. Despite persistent inflation and the heightened frequency of severe weather events, the company said it has moved in the right direction this year. The company’s In Force Premium (IFP) has topped at $653 million i.e. a 56% or $234 million increase...
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