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Surplus Lines Reporting

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Minnesota — Full year 2025

Source: WSIA stamping office report · Last scraped August 05, 2026 at 02:49 PM

Minnesota premium up 0.2% H1 2026 vs H1 2025

H1 2026 premium came in at $800M — up $2M from $798M in H1 2025. From the WSIA Midyear Report.

$800M
H1 2026 Premium
+0.2% vs H1 2025
$798M
H1 2025 Premium
Same period a year earlier
47,032
H1 2026 Items
+15.2% vs H1 2025
40,819
H1 2025 Items
Same period a year earlier

Minnesota's line-of-business figures come from the annual WSIA stamping office report — full-year, updated once a year. The Surplus Lines Association of Minnesota (SLAM) also publishes its own annual report with native stamping-office totals and a premium-by-insurer list, shown further down this page.

$1.69B
Premium
Full year 2025 · +3.9%
$1.63B
Premium, 2024
Prior full year
84,866
Items Filed
Full year 2025 · +16.2%
10
Lines of Business

Premium by Line of Business — Full year 2025

Lines of Business vs Same Period Last Year

Line of BusinessPremiumSame Period Last YearChangeShareItems
Liability (Non-Professional) $748,204,280 $742,420,837 +0.8% 44.2% 40,624
Property $424,609,522 $428,565,264 -0.9% 25.1% 14,176
Professional Liability $244,696,881 $246,092,839 -0.6% 14.5% 9,744
Multi-Peril $97,005,995 $84,966,132 +14.2% 5.7% 9,176
Other $82,410,994 $56,472,801 +45.9% 4.9% 2,766
Auto Liability $37,625,964 $18,995,664 +98.1% 2.2% 1,434
Inland Marine $22,154,112 $25,799,651 -14.1% 1.3% 2,385
Auto Physical Damage $19,623,147 $18,763,564 +4.6% 1.2% 1,090
Residential, Homeowners and Other Personal Property $9,228,672 $3,584,065 +157.5% 0.5% 3,045
Disability/A&H $5,784,435 $2,565,590 +125.5% 0.3% 426

The ten-year view

Minnesota in the decade of stamping-office records, 2015–2025 · WSIA stamping office reports, 2015–2025

$1.69B
2025 full-year premium
1.9% of national premium
3.4×
Growth since 2015
+18.1%
5-yr growth per year
vs +16.7% nationally
+3.9%
2025 growth
H1 2026: +0.3% vs H1 2025
The decade
Minnesota surplus lines premium has grown from $496M in 2015 to $1.7B in 2025 — 3.4× in 10 years. Growth peaked at 38% in 2022.
Where it is in the cycle
The state is cooling: after compounding at 18.1% a year for five years, it grew just +3.9% in 2025. The freshest signal: H1 2026 premium is up 0% on the first half of 2025.
Against the national market
Minnesota has been outgrowing the national market — compounding at 18% a year over five years against 17% for all fifteen states combined — and its share of national premium has held near 1.9%.

Minnesota premium, 2015–2025

Full-year premium (bars, left axis) with year-over-year growth (line, right axis). Source: WSIA stamping office reports, 2015–2025.

Minnesota vs the national market

Year-over-year premium growth for Minnesota against all fifteen stamping-office states combined. When the state line runs above the national line, Minnesota is outgrowing the market.

SLAM's own annual report — 2025

Native stamping-office statistics filed with the association through year end

$1.67B
Taxable Premium
Filed with SLAM
84,008
Transactions Filed
$50.2M
Surplus Lines Tax
2,618
Members Registered

Premium by Insurance Company — 2025

From SLAM's annual report — one of the few smaller states that publishes a full insurer ranking. Shares are of total taxable premium filed with SLAM.

InsurerPremiumShare
Underwriters at Lloyds $329,259,604 19.67%
ASSOCIATED ELECTRIC & GAS INSURANCE SERVICES $48,117,760 2.88%
LEXINGTON INSURANCE COMPANY $41,741,206 2.49%
ARCH SPECIALTY INSURANCE COMPANY $40,372,849 2.41%
STARR SURPLUS LINES INSURANCE COMPANY $34,666,128 2.07%
INDIAN HARBOR INSURANCE COMPANY $31,406,972 1.88%
SCOTTSDALE INSURANCE COMPANY $30,160,439 1.80%
WESTCHESTER SURPLUS LINES INSURANCE COMPANY $29,508,789 1.76%
ENDURANCE AMERICAN SPECIALTY INSURANCE COMPANY $28,942,952 1.73%
AXIS SURPLUS INSURANCE COMPANY $27,335,499 1.63%
ENERGY INSURANCE MUTUAL LIMITED $26,961,935 1.61%
NATIONAL FIRE AND MARINE INSURANCE COMPANY $26,855,719 1.60%
EVANSTON INSURANCE COMPANY $26,795,564 1.60%
LIBERTY SURPLUS INSURANCE CORPORATION $26,246,335 1.57%
COLUMBIA CASUALTY COMPANY $25,038,364 1.50%
AIG SPECIALTY INSURANCE COMPANY $22,190,780 1.33%
CINCINNATI SPECIALTY UNDERWRITERS INSURANCE COMPANY $20,370,710 1.22%
TRAVELERS EXCESS AND SURPLUS LINES COMPANY $20,137,170 1.20%
BEAZLEY EXCESS AND SURPLUS INSURANCE INC $19,700,784 1.18%
IRONSHORE SPECIALTY INSURANCE COMPANY $19,647,272 1.17%
LANDMARK AMERICAN INSURANCE COMPANY $18,045,391 1.08%

Coverage Types — 2025

SLAM's own coverage-type breakdown — finer-grained than the WSIA line-of-business categories above.

Coverage TypePremiumShare
Excess Umbrella Liability $439,090,783 26.24%
Property $413,709,970 24.72%
Professional Liability $152,606,067 9.12%
General Liability $145,531,706 8.70%
Network Cyber Liability $138,861,032 8.30%
Commercial M.P. $92,590,714 5.53%
Environ Pollution Liability $35,253,186 2.11%
Auto Liability $35,203,831 2.10%
E and O Liability $31,886,341 1.91%
Representations & Warranties $31,479,390 1.88%
D and O Management Liability $20,403,798 1.22%
Product Liability $20,401,588 1.22%
Subcontractor Default Ins $20,146,020 1.20%
Auto Physical Damage $19,623,147 1.17%
Tax Insurance $12,317,105 0.74%
Inland Marine $11,915,784 0.71%
Cargo $10,232,009 0.61%
Homeowners $7,264,911 0.43%
Accident & Health $5,573,041 0.33%
Credit Insurance $4,657,121 0.28%
Builders Risk $4,363,912 0.26%
Crime, Fidelity, Surety $4,315,015 0.26%
Aviation $4,286,978 0.26%
Medical Malpractice $3,928,486 0.23%
Terrorism $3,733,563 0.22%
Other $2,965,933 0.18%
Deductible Buyback $2,659,738 0.16%
Garage Liability $2,422,134 0.14%
Dwelling Fire $1,960,763 0.12%
Flood $1,782,641 0.11%