Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 132

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 132
---
 taxable income in advance of being earned and recognized as income for financial reporting purposes. Accordingly, our income taxes currently paid and payable also reflect this temporary difference between taxable income and earned income reported in our financial statements. Our increase in unearned premium reserves and the associated discount represent approximately $28.2 million. The offset of deferred tax liability for deferred acquisition costs is approximately $16.5 million. The increases in our deferred tax asset from December 31, 2023 through December 31, 2024 reflect the significant unearned premiums arising from our assumption transactions and the additional resulting temporary differences due to certain amounts being taxable in advance of being recognized as earned for financial reporting purposes. Corporate Taxes As a corporation, we are subject to typical corporate U.S. federal and state income tax rates which we expect to result in a statutory tax rate of approximately 25.4% under current tax law. Off-BalanceSheet Arrangements At December 31, 2023, we had an undrawn Line of Credit in the amount of $0.2 million. The line of credit was closed in March 2024. Please see Note 18, Commitments and Contingencies, in the notes to our financial statements included elsewhere in this prospectus for more information. We do not maintain any other off-balancesheet arrangements. Contractual Obligations and Commitments The following table illustrates our contractual obligations and commercial commitments by due date as of December 31, 2024:

|                                           |     | Payments Due by Period 
 Total                  
 (in thousands)         |         |     | Less Than 
 One Year  |         |     | One Year to 
 Less Than   
 Three Years |         |     | Three Years  
 to Less Than 
 Five Years   |        |     | More than  
 Five Years |       |
|:------------------------------------------|:----|:-----------------------|--------:|:----|:----------|--------:|:----|:------------|--------:|:----|:-------------|-------:|:----|:-----------|------:|
| Loss and loss adjustment expense reserves |     | $                      | 595,487 |     | $         | 408,091 |     | $           | 169,707 |     | $            | 16,952 |     | $          |   737 |
| Debt securities and credit agreements     |     |                        |  42,500 |     |           |   6,000 |     |             |  10