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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 August 2024 July 2024 % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change August 2023
New Business $900,839,660.92 $752,071,654.22 19.78% $733,082,123.61 13.15% $647,911,165.94 100.00% $919,895,886.72
Renewal $959,285,054.14 $614,550,043.49 56.10% $678,844,905.49 6.45% $637,682,716.85 100.00% $819,489,049.20
Extension $21,995,233.67 $18,290,596.73 20.25% $18,526,470.88 32.69% $13,962,367.06 100.00% $12,424,613.63
Endorsement $100,891,110.15 $80,296,954.87 25.65% $104,142,577.68 9.00% $95,540,817.74 100.00% $219,376,370.42
Audit $17,125,463.06 $11,919,725.83 43.67% $22,387,428.01 (29.13%) $31,587,647.36 100.00% $16,666,714.80
Cancellation $(34,929,548.80) $(27,743,297.68) 25.90% $(32,981,305.25) 7.30% $(30,736,373.45) (100.00%) $(33,410,966.71)
Offset/Adjustment $0.00 $0.00 0.00% $0.00 100.00% $(68.38) (100.00%) $(547.00)
Total $1,965,206,973.14 $1,449,385,677.46 35.59% $1,524,002,200.42 9.17% $1,395,948,273.12 100.00% $1,954,441,121.06
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Policy Type August 2024 August 2023 2023-2024 % Change MoM
% Change		 2024 YTD 2023 YTD 2023-2024 YTD % Change
New Business 46,554 30,340 7.53% 53.44% 334,186 208,802 60.05%
Renewal 31,483 30,949 1.91% 1.73% 232,065 222,709 4.20%
Extension 1,692 1,385 13.63% 22.17% 11,193 12,173 (8.05%)
Endorsement 16,022 16,041 23.12% (0.12%) 114,095 121,775 (6.31%)
Audit 3,213 2,982 43.76% 7.75% 23,201 25,237 (8.07%)
Cancellation 5,364 4,724 (2.05%) 13.55% 42,157 36,316 16.08%
Offset/Adjustment 0 1 0.00% (100.00%) 0 1 (100.00%)
Total 104,328 86,422 100.00% 20.72% 756,897 627,013 20.71%
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