December 2025 Filings Reach $1.50B

SLTX recorded $1.50B in December. This represents a 4.6% increase over December 2024 and 9.8% increase year-to-date.

54.4% of premium reported (30.1% of items) is attributable to renewal policies, 45.5% (36.4% of items) to new business, and 0.1% (33.5% of items) to non-policy transactions. Furthermore, non-policy transactions are predominately Premium Endorsements (27,410 items or 64.6% of the 33.5%) and Cancellations (11,818 items or 27.9% of the 33.5%).

The largest increase, Excess/Umbrella Liability coverage, rose $181.4M (or 65.9%). Builders’ Risk- Property, Representations and Warranties, and Commercial Package (Property + Liability) coverages also recorded growth, up $39.2M (211.5%), $24.7M (111.7%), and $11.6M (22.4%) respectively. 389.5% of total premium increases can be attributed to these coverages. The total growth for the top 4 coverages mentioned exceed 100% of the total premium growth for the month due to coverages that experienced premium decline from December 2024.

Overall transactions reflected growth for December in item counts, up 11.3% when compared to December 2024. A 12.6% increase in policies filed (84,336) was recorded with average premium per item ($11,827) down 6.0% from December 2024. Record-keeping transactions (name, number, or insurer change endorsements; reversals; etc.) and cancellations were down 1.3% and 3.7% respectively.