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Lemonade LMND Reinsurance recoverables

Reinsurance recoverables at other companies

Progressive logo
ProgressivePGR
$4B-10.0%
Assurant logo
AssurantAIZ
$6.54B-11.1%
The Travelers Companies logo
The Travelers CompaniesTRV
$7.99B-1.4%
Ally Financial logo
Ally FinancialALLY
$71M-6.6%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$413.24M+10.5%
MetLife logo
MetLifeMET

Other financials

Income statement

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Revenue$258.0M+70.6%
Net income-$35.8M+42.6%
EPS (diluted)-$0.47+45.3%

Balance sheet

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Cash & equivalents$386.5M+20.9%
Total debt$20.8M-4.6%
Total equity$518.0M-5.0%
Total assets$2.0B+5.5%

Cash flow

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Operating cash flow-$600.0K+98.7%
CapEx$3.5M+52.2%
Free cash flow-$4.1M+91.7%

Valuation

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Market cap$4.52B+109%

Profitability

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Net margin-16.4%-6.0pp
FCF margin-15.4%-6.4pp

Returns & leverage

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Return on equity-26.1%-5.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Lemonade in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverablesOnPaidAndUnpaidLosses.

The official record: Lemonade’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lemonade's reinsurance recoverables?
Lemonade (LMND) reported reinsurance recoverables of $145.5M in Q1 2026.
How has Lemonade's reinsurance recoverables changed year-over-year?
Lemonade's reinsurance recoverables decreased by 20.2% year-over-year, from $182.3M to $145.5M.
What is the long-term trend for Lemonade's reinsurance recoverables?
Over 5 years (2020 to 2025), Lemonade's reinsurance recoverables has grown at a 25.6% compound annual growth rate (CAGR), from $49M to $153.4M.
What does reinsurance recoverables mean?
This reflects the portion of insurance claims and related expenses that the company expects to recover from its reinsurers. It represents a significant asset that mitigates the financial impact of large losses on the company's own balance sheet. Monitoring this helps assess the company's reliance on reinsurance partners and the creditworthiness of those partners.