Lemonade reports top line growth as net loss narrows in Q4’23
Reinsurance News - Feb 28, 2024
Lemonade, a digital insurance firm powered by AI, has reported a 20% year-on-year rise in in-force premium to $747 million for the fourth quarter of 2023, while its gross loss ratio fell 12% to 77% in the quarter. Lemonade’s customer count increased 12% to over 2 million in Q4’23, and premium...
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