The 2023 annual report on surplus lines premium reported by the 15 U.S. surplus lines stamping and service offices was released today, and it shows continued surplus lines premium growth.
Tag: Surplus lines growth
WSIA: Surplus Lines Premium Continues Upward Trend During 1H 2023
Surplus lines premium reached nearly $36 billion, and premium bearing transactions neared 2.9 million through the first six months of 2023, according to the 2023 Midyear Report of the U.S. Surplus Lines Service and Stamping Offices.
Surplus Lines Premium Up 21%: WSIA
According to the 2021 Annual Report of the U.S. Surplus Lines Stamping Offices, surplus lines premium increased 22% and transactions rebounded almost 6.6% overtheir 2020 totals in the states with surplus lines stamping offices. The increases represented record levels of premium ($51 billion) and transactions (5.3 million) since the stamping offices began reporting aggregated data… Continue reading Surplus Lines Premium Up 21%: WSIA