The Week in Brief: Lemonade reserve charge, Root cash burn, Lockton M&A
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The Week in Brief: Lemonade reserve charge, Root cash burn, Lockton M&A

Giovanna Bellotti Azevedo
February 25, 2022
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Let's get you up to speed on the key highlights from the last week.

InsurTech earnings

1. Lemonade blames loss ratio deterioration on large home losses

Lemonade co-CEO Dan Schreiber blamed large home losses for the big deterioration in his company’s loss ratio in the fourth quarter of 2022, which jumped 22 points to 98%.

Speaking...

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Topics

NewsInsurTechResultsArgoSiriusPointLemonadeRootLocktonM&AMGAs/MGUsEarnings
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Giovanna Bellotti Azevedo
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