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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 March 2025 February 2025 % Change 2025 YTD Monthly Avg 2024-2025 Monthly Avg % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change March 2024
New Business $878,416,441.72 $782,701,415.97 12.23% $839,441,527.61 39.34% $602,424,574.30 100.00% $589,961,999.13
Renewal $833,060,664.41 $825,881,819.76 0.87% $884,048,087.80 55.85% $567,259,170.52 100.00% $504,217,180.92
Extension $15,606,346.06 $18,126,427.00 (13.90%) $16,921,303.08 (13.79%) $19,627,876.26 100.00% $12,950,108.97
Endorsement $134,257,124.22 $134,620,326.49 (0.27%) $142,111,658.82 34.53% $105,637,874.57 100.00% $93,576,032.32
Audit $27,939,043.62 $41,175,608.09 (32.15%) $35,604,924.40 64.44% $21,651,714.31 100.00% $16,616,837.85
Cancellation $(50,707,399.45) $(39,774,106.82) 27.49% $(48,911,581.47) 55.19% $(31,516,404.24) (100.00%) $(32,656,261.67)
Total $1,838,572,220.58 $1,762,731,490.49 4.30% $1,869,215,920.24 45.45% $1,285,084,805.72 100.00% $1,184,665,897.52
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Policy Type March 2025 March 2024 2024-2025 % Change MoM
% Change
2025 YTD 2024 YTD 2024-2025 YTD % Change
New Business 54,271 38,446 17.10% 41.16% 153,590 112,682 36.30%
Renewal 45,598 29,708 39.21% 53.49% 117,766 85,699 37.42%
Extension 1,544 1,278 (0.90%) 20.81% 4,621 4,199 10.05%
Endorsement 18,696 13,857 21.27% 34.92% 54,015 41,385 30.52%
Audit 4,207 2,695 34.58% 56.10% 11,109 8,196 35.54%
Cancellation 8,606 4,947 43.89% 73.96% 22,407 14,708 52.35%
Total 132,922 90,931 100.00% 46.18% 363,508 266,869 36.21%