Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 132

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 132
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                        |   6,001 |     |           |   2,615 |     |             |  3,386 |     |              |      0 |     |            |     0 |
| Operating lease obligations               |     |                        |   8,149 |     |           |   1,196 |     |             |  2,491 |     |              |  2,630 |     |            | 1,832 |
| Total                                     |     | $                      | 299,497 |     | $         | 171,746 |     | $           | 99,612 |     | $            | 19,809 |     | $          | 8,300 |

| (1) | Interest on the Credit Facility is calculated using 9.55% in effect at December 31, 2023 with the                                                                                                                       
 assumption that interest rates remain flat over the remainder of the period that the Credit Facility is outstanding. At our option, we may prepay the Credit Facility, in whole or in part, without premium or penalty. |

Reserves for losses and LAE represent our best estimate of the ultimate cost of settling reported and unreported claims and related expenses. Estimating reserves for losses and LAE is based on various complex and subjective judgments. Actual losses and settlement expenses paid may deviate, perhaps substantially, from the reserve estimates reflected in our financial statements. Similarly, the timing for payment of our estimated losses is not fixed and is not determinable on an individual or aggregate basis. The assumptions used in estimating the payments due by period are based on our own, industry and peer group claims payment experience. Due to the uncertainty inherent in the process of estimating the timing of such payments, there is a risk that the amounts paid in any period will be significantly different than the amounts disclosed above. Amounts disclosed above are gross of anticipated amounts recoverable from reinsurers. Reinsurance balances recoverable on reserves for losses and LAE are reported separately as assets, instead of being netted with the related liabilities, since reinsurance does not discharge us of our liability to policyholders. Reinsurance balances recoverable on reserves for paid and unpaid losses and LAE totaled $329.5 million and $115.0 million at December 31, 2022 and December 31, 2023, respectively. 88

Financial Condition Stockholders’ Equity As of September 30, 2024, stockholders’ equity was $369 million.