Loss ratio of Lemonade in the U.S. 2017-2021
During the fourth quarter of 2021, Lemonade's registered a higher loss ratio than in the fourth quarter of the previous year. In the last three months of 2021, the insurtech company reported a loss ratio of 96 percent. Lemonade is a provider of home and pet insurance in the U.S. and select European markets. The company aims to operate according to a high-tech and socially conscious business model.