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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 November 2024 October 2024 % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change November 2023
New Business $635,778,053.38 $843,781,960.89 (24.65%) $739,242,155.40 15.44% $640,359,948.90 100.00% $502,091,274.29
Renewal $535,096,937.19 $816,256,884.29 (34.45%) $703,442,217.10 8.81% $646,492,677.02 100.00% $608,284,156.44
Extension $13,981,781.56 $24,512,879.86 (42.96%) $18,924,334.98 31.24% $14,419,660.33 100.00% $11,858,807.37
Endorsement $208,045,937.62 $140,223,277.84 48.37% $126,056,518.91 18.30% $106,556,477.89 100.00% $73,692,052.76
Audit $20,683,575.98 $26,724,322.40 (22.60%) $21,401,153.23 (22.66%) $27,672,925.58 100.00% $16,843,153.30
Cancellation $(35,435,114.62) $(43,867,738.30) (19.22%) $(34,768,941.10) 14.17% $(30,453,367.61) (100.00%) $(30,856,780.97)
Offset/Adjustment $0.00 $0.00 0.00% $0.00 100.00% $(49.73) (100.00%) $0.00
Total $1,378,151,171.11 $1,807,631,586.98 (23.76%) $1,574,297,438.53 12.05% $1,405,048,272.38 100.00% $1,181,912,663.19
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Policy Type November 2024 November 2023 2023-2024 % Change MoM
% Change		 2024 YTD 2023 YTD 2023-2024 YTD % Change
New Business 40,637 28,843 (20.36%) 40.89% 464,947 296,622 56.75%
Renewal 27,328 24,544 (21.39%) 11.34% 320,447 301,753 6.20%
Extension 1,242 1,247 (34.60%) (0.40%) 15,939 16,353 (2.53%)
Endorsement 16,465 14,843 (8.28%) 10.93% 163,992 165,382 (0.84%)
Audit 2,958 2,995 (12.25%) (1.24%) 33,189 33,701 (1.52%)
Cancellation 5,737 5,175 (19.75%) 10.86% 60,876 50,178 21.32%
Offset/Adjustment 0 0 0.00% 0.00% 0 1 (100.00%)
Total 94,367 77,647 100.00% 21.53% 1,059,390 863,990 22.62%
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