Lemonade LMND Pet — Total incurred losses and ALAE, net

Other product segments

Similar metrics at other companies

AFGProperty and casualty insurance — Incurred Claims and Allocated LAE, Net of Reinsurance

$28.8B+653%

METProtection Life — Incurred Claims and Allocated Claim Adjustment Expense, Net of Reinsurance

432,300,000,000%+374,600,000,000pp

ACGLProperty, energy, marine and aviation — Incurred losses and allocated loss adjustment expenses, net of reinsurance

385,500,000,000%+315,200,000,000pp

AIGU.S. Personal Insurance — Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance

$10.05B+434%

ACGLProperty catastrophe — Incurred losses and allocated loss adjustment expenses, net of reinsurance

198,000,000,000%+146,800,000,000pp

ESN

ESNTProperty Insurance Product Line — Incurred Loss and Allocated LAE, For the Years Ended December 31,

$225.53M+31.2%

Questions, answered.

What is Lemonade's pet — total incurred losses and ALAE, net?

Lemonade (LMND) reported pet — total incurred losses and ALAE, net of $285.8M in Q4 2025.

How has Lemonade's pet — total incurred losses and ALAE, net changed year-over-year?

Lemonade's pet — total incurred losses and ALAE, net increased by 295.3% year-over-year, from $72.3M to $285.8M.

What does pet — total incurred losses and ALAE, net mean?

This metric represents the total net losses and allocated loss adjustment expenses incurred by the pet insurance segment during a specific period. It reflects the company's underwriting performance by accounting for both paid claims and changes in reserves for future payments, net of reinsurance recoveries. Monitoring this helps investors assess the profitability and risk profile of the pet insurance product line.