Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 284

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 284
---
  3,050 |   |
| Total other comprehensive income |     | $                            |  4,088 |   |     | $      | 1,038 |   |     | $      |  3,050 |   |

| 8. | Deferred Policy Acquisition Costs |

Deferred policy acquisition costs consist of amounts paid for commissions and premium taxes that relate directly to and vary directly with the production of new and renewal business. The policy acquisition costs that the Company has capitalized and is amortizing over the effective periods of the related policies are as follows for the year ended December 31, 2024 and 2023:

|                                   |     |   |    2024 |   |     |   |    2023 |   |
|:----------------------------------|:----|:--|--------:|:--|:----|:--|--------:|:--|
| Beginning balance                 |     | $ |  42,995 |   |     | $ |  25,977 |   |
| Policy acquisition costs deferred |     |   | 108,021 |   |     |   |  75,582 |   |
| Less: Amoritzation                |     |   | (85,970 | ) |     |   | (58,564 | ) |
| Ending balance                    |     | $ |  65,046 |   |     | $ |  42,995 |   |

| 9. | Loss and Loss Adjustment Expenses |

The Company establishes reserves for the estimated total unpaid costs of Loss and loss adjustment expenses (“LAE”). Loss and LAE reserves reflect management’s best estimate of the total cost of (i) claims that have been incurred, but not yet paid in full, and (ii) claims that have been incurred but not yet reported to the Company (“IBNR”). Reserves established by management represent an estimate of the outcome of future events and, as such, cannot be considered an exact calculation of our liability. Rather, loss and LAE reserves represent management’s best estimate of the Company’s liability based on the application of actuarial techniques and other projection methodologies and taking into consideration other facts and circumstances known at the balance sheet date. The process of establishing loss and LAE reserves is complex and inherently imprecise, as it involves the estimation of the outcome of future uncertain events. The impact of both internal and external variables on ultimate losses and LAE costs is difficult to estimate. In determining loss