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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 January 2024 December 2023 % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change January 2023
New Business $626,950,719.28 $596,514,145.89 5.10% $626,950,719.28 11.23% $563,631,743.69 100.00% $563,631,743.69
Renewal $632,348,361.56 $597,163,912.15 5.89% $632,348,361.56 (6.33%) $675,073,762.00 100.00% $675,073,762.00
Extension $33,950,599.12 $15,933,617.02 113.08% $33,950,599.12 205.20% $11,123,986.33 100.00% $11,123,986.33
Endorsement $138,524,427.00 $78,201,619.70 77.14% $138,524,427.00 225.34% $42,578,363.02 100.00% $42,578,363.02
Audit $14,296,171.57 $10,579,393.93 35.13% $14,296,171.57 (37.02%) $22,699,708.95 100.00% $22,699,708.95
Cancellation $(30,787,043.64) $(24,087,280.11) 27.81% $(30,787,043.64) 1.91% $(30,211,317.59) (100.00%) $(30,211,317.59)
Total $1,415,283,234.89 $1,274,305,408.58 11.06% $1,415,283,234.89 10.15% $1,284,896,246.40 100.00% $1,284,896,246.40
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Policy Type January 2024 January 2023 2023-2024 % Change MoM
% Change
2024 YTD 2023 YTD 2023-2024 YTD % Change
New Business 36,766 23,545 18.31% 56.15% 36,766 23,545 56.15%
Renewal 28,677 27,400 4.58% 4.66% 28,677 27,400 4.66%
Extension 1,556 1,559 15.69% (0.19%) 1,556 1,559 (0.19%)
Endorsement 13,825 13,869 14.43% (0.32%) 13,825 13,869 (0.32%)
Audit 2,417 2,810 16.43% (13.99%) 2,417 2,810 (13.99%)
Cancellation 4,590 4,682 10.12% (1.96%) 4,590 4,682 (1.96%)
Total 87,831 73,865 100.00% 18.91% 87,831 73,865 18.91%