Lemonade’s in-force premium climbs to $889.1m in Q3’24

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Reinsurance News - Nov 01, 2024

Lemonade, the digital insurance firm powered by artificial intelligence (AI), has reported a net loss in Q3 2024 of $67.7 million, compared to a loss of $61.5 million in the third quarter of 2023, while it’s in-force premium (IFP) increased by 24% to $889.1 million. The company also posted a 7...

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