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A comment on Show HN: Lemonade – the world's first P2P insurance company. Parent comment

Re:Show HN: Lemonade – the world's first P2P insurance company by insurance_gal on Thursday September 22, 2016 @10:25PM (#12561907)
https://news.ycombinator.com/item?id=12557754

50% Loss ratio

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Re:Show HN: Lemonade – the world's first P2P insurance company by SmellTheGlove on Friday September 23, 2016 @09:42AM (#12564506)
I was talking about expense ratio, not loss ratio. Thought that was pretty clear in my post, but too late for me to edit.

Also if expected losses really are 50%, are we really talking about a projected 70% combined ratio? Forgive my skepticism, but that's really hard to pull off, and there's going to be regulatory pressure to take rate if that happens with any consistency.

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