Lemonade Q2 loss ratio improves to 79% as Ebitda loss narrows to $43mn

Lemonade cut 15 points from its gross loss ratio in Q2 2024 to 79 percent while the insurtech’s adjusted Ebitda loss narrowed by 18 percent to $43.0m in results that the firm, in a letter to shareholders, described as “excellent”.

 

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