Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 312

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 312
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 the prior year, which was effective June 1, 2022 through May 31, 2023, was subject to a loss of $40,028 on September 28, 2022 triggered when Hurricane Ian made landfall on the Gulf Coast of Florida. SIC received amounts due under this policy of $22,500 in October of 2022 and $17,528 in February of 2023. Effective June 1, 2023, this captive reinsurance policy was renewed. The quota share reinsurance captive arrangement entered into in the prior year, which was effective June 1, 2022 through May 31, 2023, was commuted in July 2023 whereby the Insurance Entities and SIH received funds previously held in trust by the VIE as agreed to under the commutation. In 2023, SIC entered into reinsurance transactions whereby the VIE provided quota share and catastrophe reinsurance protection to the Insurance Entities for the period of June 1, 2023 through May 31, 2024. In 2024, SIC entered into reinsurance transactions whereby the VIE provided quota share and catastrophe reinsurance protection to the Insurance Entities for the period of June 1, 2024 through May 31, 2025. The excess of loss reinsurance captive arrangement entered into, which was effective June 1, 2024 through May 31, 2025, was subject to a loss of $62,588 in 2024 triggered when Hurricanes Debby, Helene and Milton made landfall in Florida and South Carolina. SIC received amounts due under this policy of $53,304 in 2024. The following table presents, on a consolidated basis, the balance sheet classification and exposure of restricted cash held in a reinsurance trust account, which can be used only to settle specific reinsurance obligations of the VIE as of the dates presented.

|                                      |     | December 31, |    2024 |     |   |    2023 |
|:-------------------------------------|:----|:-------------|--------:|:----|:--|--------:|
| Restricted cash and cash equivalents |     | $            | 295,802 |     | $ | 107,200 |

| 25. | Subsequent Events |

The Company performed an evaluation of subsequent events through March 7, 2025, the date the consolidated financial statements were issued, and determined there were no recognized or unrecognized subsequent events