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 premium
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.
Midyear 2022 Surplus Lines Premium Continues Upward Trend
Surplus lines premium exceeded $31 billion, and premium bearing transactions were almost 2.8 million, through the first six months of 2022 according to the 2022 Midyear Report of the U.S. Surplus Lines Service and Stamping Offices. Premium increased 32.4% and transactions 9.4% over numbers reported through the same period in 2021. Year to year premium… Continue reading Midyear 2022 Surplus Lines Premium Continues Upward Trend