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Premium by Policy Type

This report shows the total California premium (including taxable fees) and transaction count for Surplus Lines policies registered by the SLA, broken down by policy type, over three time periods.

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Policy Type February 2025 January 2025 % Change 2025 YTD Monthly Avg 2024-2025 Monthly Avg % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change February 2024
New Business $785,646,930.99 $857,417,759.93 (8.37%) $821,532,345.46 34.97% $608,663,510.89 100.00% $594,116,196.80
Renewal $827,434,194.56 $994,061,275.71 (16.76%) $910,747,735.14 52.08% $598,852,504.32 100.00% $569,628,234.46
Extension $18,225,715.82 $17,031,136.19 7.01% $17,628,426.01 (23.24%) $22,966,759.91 100.00% $12,177,068.82
Endorsement $134,844,679.58 $157,557,850.19 (14.42%) $146,201,264.89 30.92% $111,668,795.70 100.00% $85,936,066.22
Audit $41,448,754.10 $38,623,689.29 7.31% $40,036,221.70 65.65% $24,169,152.54 100.00% $35,578,687.63
Cancellation $(39,888,770.82) $(56,460,285.11) (29.35%) $(48,174,527.97) 55.67% $(30,946,475.53) (100.00%) $(31,161,176.80)
Total $1,767,711,504.23 $2,008,231,426.20 (11.98%) $1,887,971,465.22 41.38% $1,335,374,247.82 100.00% $1,266,275,077.13
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Policy Type February 2025 February 2024 2024-2025 % Change MoM
% Change
2025 YTD 2024 YTD 2024-2025 YTD % Change
New Business 46,372 37,507 (12.52%) 23.64% 99,378 74,239 33.86%
Renewal 32,817 27,443 (16.80%) 19.58% 72,259 55,992 29.05%
Extension 1,560 1,379 2.70% 13.13% 3,079 2,921 5.41%
Endorsement 15,449 13,751 (22.43%) 12.35% 35,364 27,528 28.47%
Audit 3,148 3,124 (16.96%) 0.77% 6,939 5,501 26.14%
Cancellation 5,989 5,206 (23.48%) 15.04% 13,816 9,761 41.54%
Total 105,335 88,410 100.00% 19.14% 230,835 175,942 31.20%