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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 2024 February 2024 % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change March 2023
New Business $594,532,016.15 $601,321,893.03 (1.13%) $606,725,184.19 4.52% $580,504,973.66 100.00% $602,030,675.12
Renewal $506,145,973.07 $565,505,065.25 (10.50%) $566,809,354.91 (4.81%) $595,455,587.09 100.00% $560,983,835.73
Extension $13,726,274.56 $12,160,519.82 12.88% $19,896,207.79 39.17% $14,296,009.26 100.00% $22,163,061.15
Endorsement $94,489,860.17 $86,225,393.85 9.58% $106,111,237.95 13.27% $93,678,763.02 100.00% $188,397,619.91
Audit $18,046,026.85 $35,909,793.63 (49.75%) $22,370,093.58 (37.36%) $35,713,511.92 100.00% $25,535,299.57
Cancellation $(32,986,083.02) $(31,667,217.06) 4.16% $(31,819,694.37) 8.83% $(29,237,792.86) (100.00%) $(33,396,736.55)
Total $1,193,954,067.78 $1,269,455,448.52 (5.95%) $1,290,092,384.04 (0.02%) $1,290,411,052.09 100.00% $1,365,713,754.93
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Policy Type March 2024 March 2023 2023-2024 % Change MoM
% Change		 2024 YTD 2023 YTD 2023-2024 YTD % Change
New Business 38,476 28,212 2.52% 36.38% 112,740 76,644 47.10%
Renewal 29,859 27,520 8.53% 8.50% 85,973 81,739 5.18%
Extension 1,280 1,936 (7.25%) (33.88%) 4,206 4,831 (12.94%)
Endorsement 13,908 15,166 0.94% (8.29%) 41,469 42,424 (2.25%)
Audit 2,732 3,788 (13.38%) (27.88%) 8,292 8,936 (7.21%)
Cancellation 4,962 4,721 (4.91%) 5.10% 14,743 13,232 11.42%
Total 91,217 81,343 100.00% 12.14% 267,423 227,806 17.39%
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