Reinsurance News
Lemonade
Tesla’s FSD insurance could pose competitive risk to Lemonade: Jefferies
20th March 2026
Tesla Insurance’s Full Self-Driving (FSD) pricing poses a potential competitive risk to Lemonade’s auto insurance ambitions as its model scales, with pricing based on how the car performs in FSD through its Safety Score, potentially offering better rates, according to analysts at Jefferies. Recent filings show Tesla has eliminated standalone discounts ... Read the full article
Lemonade reports 28% net loss improvement and 53% revenue growth for Q4’25
19th February 2026
Lemonade, an AI-powered digital insurance company, has announced its fourth quarter of 2025 financial results, reporting a net loss of $21.7 million, a 28% improvement compared to the $30.0 million loss seen in the same period last year. Highlighting a period of significant growth and narrowing losses, Lemonade also reported a ... Read the full article
Lemonade partners with Tesla to launch autonomous car insurance
21st January 2026
Lemonade, an AI-powered digital insurance company, has launched Lemonade Autonomous Car insurance, a product designed specifically for self-driving cars, starting with Tesla FSD. The new offering, described as first-of-its-kind, cuts per-mile rates for FSD-engaged driving by approximately 50%, a reduction that indicates significantly lower risk during autonomous operation. Lemonade anticipates further rate ... Read the full article
Lemonade reports improved net loss of $37.5m as in-force premiums rise 30% YoY
5th November 2025
Lemonade, an AI-powered digital insurance company, has announced its third quarter of 2025 financial results, reporting a net loss of $37.5 million, compared to the $67.7 million net loss seen in the same quarter last year. In force premium (IFP) was $1.16 billion, a 30% increase from the $889 million reported ... Read the full article
Meta’s Prashant Ratanchandani joins Lemonade’s Board of Directors
15th October 2025
Lemonade, the AI-powered digital insurance company, has announced the addition of Prashant Ratanchandani to its Board of Directors. Ratanchandani currently serves as Meta’s Vice President of Engineering for AI Products, where he leads the engineering teams responsible for building Meta’s generative AI products. He has spent the past seven years at Meta, ... Read the full article
Lemonade adds PayPal CMO Geoff Seeley to its Board
7th October 2025
AI-powered digital insurance company Lemonade has named Geoff Seeley, Chief Marketing Officer of PayPal, to its Board of Directors. Along with Seeley, Lemonade’s current board of directors is now composed of Lemonade co-founders Daniel Schreiber and Shai Wininger, Michael Eisenberg, Deb Schwartz, Dr. Samer Haj-Yehia, and Maria Angelidou-Smith. Before joining PayPal, Seeley ... Read the full article
Confidence from multiyear track record behind reinsurance overhead cut: Lemonade CEO
13th August 2025
Following Lemonade’s June decision to cut the ceded proportion of its quota share reinsurance from about 55% to 20%, CEO and Co-Founder Daniel Schreiber said the arrangement was used more for capital than risk management, adding that the policies protecting against risk concentration remain materially unchanged. The firm noted at ... Read the full article
Lemonade’s net loss narrows in Q2’25 as in-force premiums rise 29% YoY
5th August 2025
Lemonade reported a net loss of $43.9 million for the second quarter of 2025, an improvement from the $57.2 million loss in the same quarter a year earlier, primarily driven by higher revenue, partially offset by increased growth spending. In force premium in Q2’25 totalled $1.08 billion, up 29% from $838.8 ... Read the full article
Lemonade introduces standalone buildings insurance for UK homeowners
5th August 2025
Lemonade, a digital insurance provider using AI and operating with a focus on social impact, has introduced a buildings-only Homeowners insurance product in the UK. This launch adds to the company’s existing UK offerings and reflects its gradual expansion in the local insurance market. Lemonade entered the UK in October 2022 and ... Read the full article
Lemonade lowers reinsurance overhead at renewal following improved diversification
1st July 2025
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 ... Read the full article
Lemonade’s revenue increases 27% to $151.2m in Q1’25
6th May 2025
In its Q1 2025 results, Lemonade has reported total revenue of $151.2 million, marking an increase of $32.1 million or 27%, compared to Q1 2024, primarily due to the increase in gross earned premium, ceding commission income, and net investment income. Meanwhile, the firm's in force premium, defined as the aggregate ... Read the full article
Lemonade passes $1bn in premiums
25th March 2025
Lemonade, the digital insurance firm powered by artificial intelligence (AI), has passed $1 billion of In Force Premium (IFP), marking a significant milestone for the company. This figure has achieved just 8.5 years after selling its first policy, and reflecting a ~150% compound annual growth rate. This rapid growth was enabled by ... Read the full article
Lemonade adopts ZestyAI’s platform to enhance underwriting
17th March 2025
ZestyAI, a provider of AI-driven climate and property risk analytics, has confirmed that Lemonade, the digital insurer powered by AI, has adopted its platform to further optimise underwriting for key catastrophe perils in the US. The pair stated that their partnership reflects a shared vision for addressing increasing climate risks and ... Read the full article
Lemonade’s gross profit surges 90% as net loss narrows for 2024
26th February 2025
Lemonade, a technology-driven insurance company offering home, renters, pet, and auto coverage, saw its gross profit surge 90% year over year in the fourth quarter of 2024, reaching $64 million. This reflects a significant improvement in its financial performance. However, the company still reported a net loss of $30 million for ... Read the full article
Lemonade’s in-force premium climbs to $889.1m in Q3’24
1st November 2024
Lemonade, the digital insurance firm powered by artificial intelligence (AI), has reported a net loss in Q3 2024 of $67.7 million, compared to a loss of $61.5 million in the third quarter of 2023, while it's in-force premium (IFP) increased by 24% to $889.1 million. The company also posted a 73% ... Read the full article
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