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Lemonade (STU:LE0) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)


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What is Lemonade Net Reserve Development From Prior Years (USD Mil)?

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded.

The historical rank and industry rank for Lemonade's Net Reserve Development From Prior Years (USD Mil) or its related term are showing as below:

STU:LE0's Net Reserve Development From Prior Years (USD Mil) is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Net Reserve Development From Prior Years (USD Mil) only.

Lemonade Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Lemonade's Net Reserve Development From Prior Years (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lemonade Net Reserve Development From Prior Years (USD Mil) Chart



Lemonade  (STU:LE0) Net Reserve Development From Prior Years (USD Mil) Explanation

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded. Prior years’ loss reserve development is useful to the company's management team, as it allows them to assess the impact of incurred claims from previous calendar years on current period earnings.

Generally, lower Prior Years’ Reserve Development is better because it means a higher accuracy on predicting the loss on incurred claims.


Lemonade Net Reserve Development From Prior Years (USD Mil) Related Terms

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Lemonade (STU:LE0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lemonade Inc (STU:LE0) » Definitions » Net Reserve Development From Prior Years (USD Mil)
Traded in Other Exchanges
Address
5 Crosby Street, 3rd Floor, New York, NY, USA, 10013
Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Virginia and others.

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