Company: SLDE
Filing Date: 2025-06-09
Form Type: S-1/A
Source: 0001193125-25-137410
Chunk: 291

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-09
Form: S-1/A
Chunk 291
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 review of the indications from these methods as well as other considerations such as emergence since the most recent evaluation and number of open claims for a given accident period. There have been no significant changes in the actuarial methods and assumptions used during the years ended December 31, 2024 and 2023, from those previously employed. Currently, the estimated ultimate liability is calculated using the principles and procedures described above, which are applied to the lines of business written. However, because the establishment of loss and LAE reserves is an inherently uncertain process, ultimate losses and LAE may exceed the established loss and LAE reserves and have a material, adverse effect on our results of operations and financial condition. Changes in estimates, or differences between estimates and amounts ultimately paid, are reflected in the operating results of the period during which such adjustments are made. F-53

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements For the years ended December 31, 2024 and 2023 (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) The Company’s reported results, financial position and liquidity would be affected by likely changes in key assumptions that determine the net loss reserves. However, it is believed that a reasonably likely increase or decrease in the severity of claims could impact our net loss reserves. Activity related to the loss and LAE reserves are summarized as follows:

|                               |     |   |    2024 |   |     |   |    2023 |   |
|:------------------------------|:----|:--|--------:|:--|:----|:--|--------:|:--|
| Balances at January 1         |     | $ | 249,567 |   |     | $ | 323,329 |   |
| Less reinsurance recoverables |     |   | 105,092 |   |     |   | 262,217 |   |
| Net balances at January 1     |     |   | 144,475 |   |     |   |  61,112 |   |
| Incurred related to:          |     |   |         |   |     |   |         |   |
| Current year                  |     |   | 362,261 |   |     |   | 197,439 |   |
| Prior years                   |     |   | (22,969 | ) |     |   |  (4,173 | ) |
| Total incurred                |