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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 December 2024 November 2024 % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change December 2023
New Business $751,902,720.14 $635,608,931.38 18.30% $739,975,237.06 16.25% $636,547,313.06 100.00% $594,999,961.81
Renewal $1,056,113,340.17 $534,113,494.19 97.73% $732,563,576.95 14.06% $642,280,933.68 100.00% $595,645,956.95
Extension $19,861,247.30 $13,998,663.37 41.88% $18,972,961.35 30.61% $14,525,912.01 100.00% $16,011,429.55
Endorsement $101,246,704.44 $207,879,845.67 (51.30%) $123,948,813.31 19.01% $104,154,201.74 100.00% $77,754,559.00
Audit $49,905,534.26 $20,632,488.98 141.88% $23,737,317.65 (9.54%) $26,239,631.96 100.00% $10,480,752.19
Cancellation $(44,274,264.32) $(35,359,402.62) 25.21% $(35,528,313.97) 18.75% $(29,919,278.98) (100.00%) $(24,044,478.98)
Offset/Adjustment $0.00 $0.00 0.00% $0.00 100.00% $(45.58) (100.00%) $0.00
Total $1,934,755,281.99 $1,376,874,020.97 40.52% $1,603,669,592.35 15.06% $1,393,828,667.90 100.00% $1,270,848,180.52
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Policy Type December 2024 December 2023 2023-2024 % Change MoM
% Change		 2024 YTD 2023 YTD 2023-2024 YTD % Change
New Business 43,908 31,064 7.92% 41.35% 508,881 327,672 55.30%
Renewal 30,610 27,365 12.34% 11.86% 350,852 329,117 6.60%
Extension 1,347 1,343 8.54% 0.30% 17,276 17,692 (2.35%)
Endorsement 13,650 12,058 (16.97%) 13.20% 177,560 177,434 0.07%
Audit 2,286 2,066 (22.51%) 10.65% 35,383 35,766 (1.07%)
Cancellation 5,978 4,156 4.22% 43.84% 66,833 54,333 23.01%
Offset/Adjustment 0 0 0.00% 0.00% 0 1 (100.00%)
Total 97,779 78,052 100.00% 25.27% 1,156,785 942,015 22.80%
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