Will Lemonade (LMND) report Q4 2023 Gross Loss Ratio lower than 80%?

Question

Loss ratio is used in the insurance industry, representing the ratio of losses (mainly paid insurance claims) to premiums earned. Gross loss ratio doesn't include operating expenses.

Lemonade is expected to report Q4 results including the loss ratio by the end of February (the exact date was not announced yet). The figure will be published in the Letter to Shareholders here: https://investor.lemonade.com/

The gross loss ratio for the last four quarters (Q4 2022 to Q3 2023) was: 89%, 87%, 94%, and 83%.

Creator policy: I will bet max Ṁ100 in total. (I'm mostly interested in opinions of others.)

Manifold Markets · Accepted Answer

Yes — resolved on Feb 27, 2024 by Manifold Markets prediction market.