Surplus lines growth continues according to 2020 midyear report

A 2020 midyear report on surplus lines premium reported to the U.S. surplus lines stamping and service offices was released today, and it shows that surplus lines growth continues despite the COVID-19 pandemic.  Highlights from the 2020 Q1 – Q2 report of the stamping offices include:

Total surplus lines premium reported to the stamping offices was $19.74 billion for the first half of 2020, representing a 10.3% increase over the same period in 2019. Transactions decreased slightly by 2.6% during the first half of the year compared to the year prior.

The media release and full data are available to WSIA members, and historical stamping office data is available on the WSIA website

Questions? Contact John Meetz, WSIA Sr. State Relations Manager at john@wsia.orgdivider
WSIA.ORG
WSIA News – Published by
Wholesale & Specialty Insurance Association
4131 N. Mulberry Dr. | Suite 200 | Kansas City, MO 64116
816.741.3910 | info@wsia.org
 
Bryan Sanders, President 
Brady Kelley, Executive Director
Susan Henderson, Marketing & Communications Director

Leave a Reply

Discover more from Ohio Association of Professional Specialty Lines Offices

Subscribe now to keep reading and get access to the full archive.

Continue reading