Lemonade hit the high end of its in-force premium guidance and reported the best gross loss ratio in its history. Customers increased 20% to over 2.4 million, and per-customer premium continues to ...
Lemonade's in-force premium rose 29% year-over-year to $1.08 billion, marking the seventh straight quarter of accelerating growth. Gross loss ratio improved 12 points to 67%, enabling a quota-share ...
Loss and combined ratios measure an insurer's profitability. Loss ratio compares losses to collected premiums. Combined ratio includes both losses and expenses. Ratios below 100% indicate ...