Lemonade Lands $250m Hannover Re Facility to Fund Growth Spend
Lemonade Hannover Re financing: Hannover Re's $250m growth facility replaces General Catalyst as Lemonade approaches EBITDA breakeven in 2027.
Author
Senior reporter at InsuraBeat covering commercial and property & casualty markets, M&A, and underwriting performance across Europe and North America. Twelve years in the industry: started as an analyst on the broker side at a global reinsurance intermediary placing casualty and specialty risks for European corporates, then five years on the underwriting side at a Tier-1 European insurer, last managing D&O and cyber portfolios. Holds a Master in Reinsurance Economics and Capital Markets from the Kwang-Hwa Institute of Financial Sciences (Taipei) and is a CFA charterholder. Writes from Paris, on US morning markets.
Lemonade Hannover Re financing: Hannover Re's $250m growth facility replaces General Catalyst as Lemonade approaches EBITDA breakeven in 2027.
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