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by yules 2702 days ago
Lemonade already knows their l/r for q4. Welcome to software!
1 comments

A. It says estimated for Q4.

B. Umm, sure--"software" will magically determine their exact liabilities, before adjusters complete their reviews; much less any litigation that may occur.

C. They've previously reported adverse loss development, making it more likely than not they under-reserve.