Company: SLDE
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0000950123-25-003716
Chunk: 239

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 239
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512 |     |            | (5   | ) |
| Hybrid securities                    |     |                     |  1,009 |     |            | (10 | ) |     |                     |       — |     |            | —    |   |     |           |   1,009 |     |            | (10  | ) |
|                                      |     | $                   | 16,435 |     | $          | (33 | ) |     | $                   | 105,022 |     | $          | (283 | ) |     | $         | 121,457 |     | $          | (316 | ) |

A total of 70 securities had unrealized losses at December 31, 2023. The Company’s unrealized losses relate to its portfolio of fixed-maturity securities. The Company’s unrealized losses on its fixed-maturity securities were caused by interest rate changes. Since the declines in estimated fair value are attributable to changes in interest rates and not credit quality, and the Company has the intent and ability to hold these securities through a recovery of unrealized losses, even if until maturity of the individual securities, the Company does not consider these investments to need a credit impairment reserve under CECL. The Company realized no credit loss on investments in 2023. Proceeds from maturities, and redemptions of fixed-maturities securities were $40,024 and $14,279 in 2024 and 2023, respectively, with realized gross losses of $10 and $0 on these sales, maturities, and redemptions. At December 31, 2024 and 2023, SIH had restricted cash of $296,433 and $107,816, respectively, consisting of funds on deposit with regulatory authorities, as required by law and funds held in trust by the VIE where the Company is the primary beneficiary. Major categories of net investment income, excluding realized gains, are summarized as follows:

| Income:                                      |     | 2024 |        |     | 2023 |        |
|:---------------------------------------------|:----|:-----|-------:|:----|:-----|-------:|
| Available-for-sale fixed-maturity securities |     | $    | 19,562 |     | $    |  4,727 |
| Cash and short-term investments              |     |      | 27,823 |     |      | 16,297 |
| Other investments                            |     |