{"id":6285,"date":"2025-07-01T09:00:48","date_gmt":"2025-07-01T09:00:48","guid":{"rendered":"http:\/\/calebdewey.com\/?p=6285"},"modified":"2025-07-01T09:01:06","modified_gmt":"2025-07-01T09:01:06","slug":"lemonade-lowers-reinsurance-overhead-at-renewal-following-improved-diversification","status":"publish","type":"post","link":"http:\/\/calebdewey.com\/index.php\/2025\/07\/01\/lemonade-lowers-reinsurance-overhead-at-renewal-following-improved-diversification\/","title":{"rendered":"Lemonade lowers reinsurance overhead at renewal following improved diversification"},"content":{"rendered":"

Lemonade, the digital insurance company powered by AI and social impact, has renewed its reinsurance program, reducing the ceded proportion of its quota share reinsurance from approximately 55% to approximately 20%, effective July 1.<\/p>\n

\"Lemonade\"According to the firm, this decision was made given strong progress in its diversification, underwriting prowess and loss ratio trajectory.<\/p>\n

Meanwhile, the variable ceding commission rate related to the quota share agreements is expected to be roughly equivalent to that of the expiring agreements.<\/p>\n

Lemonade explained that its renewed program covers all of its businesses globally, and the primary quota share carriers will remain unchanged.<\/p>\n

The firm said it will renew its other ancillary reinsurance programs, including Property Per Risk (PPR) coverage, at terms roughly in line with expiring agreements.<\/p>\n

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\"Register<\/a><!–\"Download<\/a>–><\/p>\n<\/div>\n<\/div>\n

Shai Wininger, Lemonade\u2019s President and co-founder, commented, \u201cThis year, we continued to reduce our reinsurance overhead, which is a reflection of how much stronger and more precise our tech-based underwriting and pricing machines have become.<\/p>\n

\u201cReinsurance comes at a cost, and thanks to years of steady improvements, we\u2019re now in a position to retain more of the risk ourselves, improve margins, and stay capital-light\u2014all while continuing to work with some of the world\u2019s top reinsurers.\u201d<\/p>\n

In its Q1 2025 results, Lemonade reported total revenue of $151.2 million, marking an increase of $32.1 million or 27%, compared to Q1 2024.<\/a><\/p>\n

This was primarily due to the increase in gross earned premium, ceding commission income, and net investment income.<\/p>\n

The post Lemonade lowers reinsurance overhead at renewal following improved diversification<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lemonade, the digital insurance company powered by AI and social impact, has renewed its reinsurance program, reducing the ceded proportion of its quota share reinsurance from approximately 55% to approximately 20%, effective July 1. According to the firm, this decision was made given strong progress in its diversification, underwriting prowess and loss ratio trajectory. Meanwhile, […]<\/p>\n","protected":false},"author":1,"featured_media":6287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6285"}],"collection":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/comments?post=6285"}],"version-history":[{"count":3,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6285\/revisions"}],"predecessor-version":[{"id":6289,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6285\/revisions\/6289"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media\/6287"}],"wp:attachment":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media?parent=6285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/categories?post=6285"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/tags?post=6285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}