Re:Signals from Space: A Lemonade Transparency Chronicle
by yules on Friday January 25, 2019 @10:42AM
(#18998867)
Lemonade already knows their l/r for q4. Welcome to software!
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| on HN ]
Re:Signals from Space: A Lemonade Transparency Chronicle
by phonon on Friday January 25, 2019 @11:22AM
(#18999398)
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.