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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 2024 April 2024 % Change 2024 YTD Monthly Avg 2023-2024 Monthly Avg % Change 2023 YTD Monthly Avg 2022-2023 Monthly Avg % Change May 2023
New Business $665,821,141.95 $996,923,536.89 (33.21%) $695,708,736.09 16.54% $596,984,171.59 100.00% $573,601,926.36
Renewal $600,378,280.96 $806,106,963.76 (25.52%) $621,096,698.28 (0.57%) $624,657,235.00 100.00% $570,189,181.11
Extension $17,892,152.33 $18,426,090.00 (2.90%) $19,035,351.82 16.62% $16,321,904.11 100.00% $16,026,841.84
Endorsement $99,432,516.04 $168,550,758.73 (41.01%) $117,085,328.70 42.63% $82,093,008.94 100.00% $61,641,313.07
Audit $26,355,390.68 $26,283,754.25 0.27% $23,835,922.13 (39.46%) $39,374,819.76 100.00% $26,077,471.93
Cancellation $(41,499,007.19) $(36,743,454.69) 12.94% $(34,652,180.87) 17.49% $(29,493,932.79) (100.00%) $(28,322,661.53)
Total $1,368,380,474.77 $1,979,547,648.94 (30.87%) $1,442,109,856.16 8.43% $1,329,937,206.60 100.00% $1,219,214,072.78
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Policy Type May 2024 May 2023 2023-2024 % Change MoM
% Change
2024 YTD 2023 YTD 2023-2024 YTD % Change
New Business 45,643 26,592 2.00% 71.64% 203,084 128,368 58.20%
Renewal 29,143 29,000 (1.03%) 0.49% 144,425 138,393 4.36%
Extension 1,409 1,625 10.60% (13.29%) 6,886 8,630 (20.21%)
Endorsement 15,698 15,249 (3.22%) 2.94% 73,327 74,178 (1.15%)
Audit 3,725 4,238 (2.54%) (12.10%) 15,793 16,173 (2.35%)
Cancellation 6,011 5,007 (2.16%) 20.05% 26,887 22,467 19.67%
Total 101,629 81,711 100.00% 24.38% 470,402 388,209 21.17%