Metromile posts $2.4mn contribution loss as loss ratio swells
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Metromile posts $2.4mn contribution loss as loss ratio swells

Metromile logo San Francisco.jpg

Metromile reported a contribution loss of $2.4mn in the fourth quarter, compared with a contribution profit of $5.6mn in the prior-year period, as the loss ratio at the auto carrier continued to swell. 

The accident period loss ratio at the pay-per-mile auto insurer grew to 78.1% during the quarter, up from 56.9%

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article