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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 May 2023 April 2023 % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change 2022 YTD Monthly Avg 2021-2022 Monthly Avg % Change May 2022
New Business $576,134,861.96 $669,611,864.69 (13.96%) $598,087,097.24 (9.55%) $661,261,900.61 100.00% $577,835,535.28
Renewal $640,802,446.06 $771,140,765.97 (16.90%) $640,836,902.48 0.49% $637,685,102.94 100.00% $759,189,337.46
Extension $16,048,761.93 $23,070,017.16 (30.43%) $16,569,611.81 (1.38%) $16,801,533.56 100.00% $16,345,371.46
Endorsement $62,931,292.06 $68,264,489.89 (7.81%) $82,613,805.31 (19.63%) $102,797,543.26 100.00% $68,474,993.03
Audit $26,429,747.09 $63,981,267.04 (58.69%) $39,672,794.46 13.37% $34,993,624.05 100.00% $39,394,052.57
Cancellation $(29,121,001.76) $(31,605,141.58) (7.86%) $(29,714,115.96) 22.72% $(24,212,046.30) (100.00%) $(24,093,298.09)
Total $1,293,226,107.34 $1,564,463,263.17 (17.34%) $1,348,066,095.34 (5.69%) $1,429,327,658.14 100.00% $1,437,145,991.71
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Policy Type May 2023 May 2022 2022-2023 % Change MoM
% Change		 2023 YTD 2022 YTD 2022-2023 YTD % Change
New Business 26,628 22,920 5.92% 16.18% 128,459 125,506 2.35%
Renewal 29,138 26,502 5.02% 9.95% 138,704 149,251 (7.07%)
Extension 1,640 1,504 (24.98%) 9.04% 8,685 8,721 (0.41%)
Endorsement 15,349 15,275 (7.31%) 0.48% 74,412 79,584 (6.50%)
Audit 4,271 2,776 41.38% 53.85% 16,258 14,775 10.04%
Cancellation 5,027 3,775 18.62% 33.17% 22,505 20,153 11.67%
Total 82,053 72,752 100.00% 12.78% 389,023 397,990 (2.25%)
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