Lemonade cuts quota share cession to 18% in reinsurance renewal
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Lemonade Renews Reinsurance Program, Improving Costs, Coverage, and Capital Efficiency
June 30, 2026 10:00 AM EDTNew 12-month program lowers quota share cession to approximately 18% from approximately 20% while expanding catastrophe protection
NEW YORK--(BUSINESS WIRE)--
Lemonade, Inc. (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the renewal of its reinsurance program, effective July 1, 2026.
Lemonade renegotiated the program to retain more of the economics from its growing business, while expanding protection against catastrophes and major weather events.
Under the renewed quota share agreements, Lemonade expects to cede approximately 18% of premium to reinsurers, down from... More
