---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-25-000108"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:38:53.901749+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lemonade reduces ceded quota share reinsurance from ~55% to ~20% effective July 2025

## Summary
- New reinsurance program effective July 1, 2025 through June 30, 2026 with Hannover and MAPFRE.
- Ceded proportion reduced from approximately 55% to approximately 20% under quota share contracts.
- Variable ceding commission rate expected to be roughly equivalent to the expiring agreements.
- Other ancillary reinsurance programs expected to renew at terms roughly in line with expiring agreements.
- Contracts to be filed as exhibits to Q2 2025 10-Q with confidential redactions.

## SEC filing metadata
- accession: 0001691421-25-000108
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142125000108/0001691421-25-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142125000108/lmnd-20250630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-25-000108
- JSON: https://secwatch.observer/filing/0001691421-25-000108.json
- Plain text: https://secwatch.observer/filing/0001691421-25-000108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.