October 2025 Filings Reach $1.4B

SLTX recorded $1.4B in October. This represents a 4.2% decrease over October 2024, and 9.1% increase year-to-date.

57.9% of premium reported (29.5% of items) is attributable to renewal policies, 37.8% (33.0% of items) to new business, and 4.3% (37.5% of items) to non-policy transactions. Furthermore, non-policy transactions are predominately Premium Endorsements (33,873 items or 68.7% of the 37.5%) and Cancellations (12,749 items or 25.8% of the 37.5%).

The largest increase, Oil & Gas Liability coverage, rose $45.1M (or 822.1%). Commercial General Liability, Representations and Warranties, and Inland Marine coverages also recorded growth, up $12.7M (7.8%), $10.5M (54.5%), and $10.1M (62.2%) respectively.

Overall transactions reflected growth for October in item counts, up 19.2% when compared to October 2024. A 19.9% increase in policies filed (82,143) was recorded with average premium per item ($10,686) down 19.6% from October 2024. Record-keeping transactions (name, number, or insurer change endorsements; reversals; etc.) and cancellations were up 22.8% and 46.2% respectively.

SLTX continues to monitor the Texas surplus lines market and share data and analysis as recorded or completed.