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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 October 2024 September 2024 % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change October 2023
New Business $844,858,797.84 $797,424,554.29 5.95% $749,666,353.26 14.58% $654,301,234.66 100.00% $703,501,420.96
Renewal $819,321,142.36 $967,984,016.55 (15.36%) $720,955,753.12 10.88% $650,211,892.38 100.00% $731,482,103.21
Extension $24,514,653.24 $21,724,198.26 12.84% $19,418,854.81 32.32% $14,675,745.63 100.00% $18,237,481.51
Endorsement $140,341,480.85 $207,588,475.34 (32.39%) $117,877,052.00 7.31% $109,846,970.41 100.00% $160,955,456.90
Audit $26,789,741.40 $10,669,834.98 151.08% $21,491,669.36 (25.26%) $28,755,902.80 100.00% $16,394,204.34
Cancellation $(43,953,915.28) $(39,717,873.29) 10.67% $(34,731,648.65) 14.20% $(30,413,359.88) (100.00%) $(24,060,209.54)
Offset/Adjustment $0.00 $0.00 0.00% $0.00 100.00% $(54.70) (100.00%) $0.00
Total $1,811,871,900.41 $1,965,673,206.13 (7.82%) $1,594,678,033.91 11.72% $1,427,378,331.30 100.00% $1,606,510,457.38
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Policy Type October 2024 October 2023 2023-2024 % Change MoM
% Change		 2024 YTD 2023 YTD 2023-2024 YTD % Change
New Business 50,937 32,751 30.34% 55.53% 424,246 267,783 58.43%
Renewal 34,907 29,535 30.61% 18.19% 293,335 277,211 5.82%
Extension 1,898 1,420 17.67% 33.66% 14,694 15,106 (2.73%)
Endorsement 17,970 14,971 15.35% 20.03% 147,561 150,541 (1.98%)
Audit 3,382 2,544 (9.91%) 32.94% 30,255 30,706 (1.47%)
Cancellation 7,154 4,510 21.77% 58.63% 55,156 45,004 22.56%
Offset/Adjustment 0 0 0.00% 0.00% 0 1 (100.00%)
Total 116,248 85,731 100.00% 35.60% 965,247 786,352 22.75%
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