Lyft Results Presentation Deck
Insurance Reserves
($ in thousands)
Beginning
balance
Losses paid
Change in
estimates for
prior periods
Transfer of
certain
legacy auto
insurance
liabilities
Reserves for
current
period
Ending
Balance
March 31
$810,273
(99,551)
23,820
202,442
$936,984
June 30
Fiscal 2019
$936,984
(106,078)
141,122
235,352
$1,207,380
September 30
$1,207,380
(144,290)
86,618
225,227
$1,374,935
Three Months Ended
December 31
$1,374,935
(190,709)
18,735
175,501
$1,378,462
Lyft transferred a minority of primary
insurance risk, up from zero previously
March 31
$1,378,462
(205,946)
58,359
(407,885)
152,142
$975,132
June 30
Fiscal 2020
$975,132
(112,857)
17,410
63,951
$943,636
September 30
$943,636
(111,625)
680
89,937
$922,628
December 31
$922,628
(122,264)
127,690
59,010
$987,064
Lyft transferred a slight majority of
primary insurance risk
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