Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 260

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 260
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|                                          |     | $                   | 27,003 |     | $          | (617 | ) |     | $                   | — |     | $          | — |     | $         | 27,003 |     | $          | (617 | ) |

A total of 72 securities had unrealized losses at December 31, 2022. 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 F-42

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements For the years ended December 31, 2023 and 2022 (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) of unrealized losses, even if until maturity of the individual securities, the Company does not consider these investments other-than-temporarily impaired. The Company realized no impairment losses on investments in 2022. Proceeds from maturities, and redemptions of fixed-maturities securities were $14,279 and $411 in 2023 and 2022, respectively, with realized gross losses of $1 and $3 on these sales, maturities, and redemptions. At December 31, 2023 and 2022, SIH had restricted cash of $107,816 and $52,541, 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 are summarized as follows:

| Income:                         |     | 2023 |        |   |     | 2022 |       |   |
|:--------------------------------|:----|:-----|-------:|:--|:----|:-----|------:|:--|
| Available-for-sale              
 fixed-maturity securities       |     | $    |  4,828 |   |     | $    |   510 |   |
| Cash and short-term investments |     |      | 16,297 |   |     |      | 1,477 |   |
| Other investments               |     |      |    116 |   |     |      |   411 |   |
| Realized losses on