Lemonade targets long-term loss ratio under 75% as rate filings rise: CFO Bixby
  • 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
Cookies Settings

Lemonade targets long-term loss ratio under 75% as rate filings rise: CFO Bixby

Jairo Ibarra
February 23, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Lemonade_logo_new_york_2021.png

Lemonade CFO Tim Bixby said the personal lines InsurTech is targeting a loss ratio under 75% in the long term, as the company diversifies its portfolio and pivots away from a monoline strategy.

The commentary comes after the InsurTech posted yesterday a Q4 89% gross loss ratio and 97% net loss ratio, down from 94% and 98% in Q4 2021, respectively.

On

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
Take a free trial Already a subscriber? Login now

Topics

NewsResultsInsurTechLemonade
jairo ibarra 2024 ii us 2.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article