Company: SLDE
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0000950123-25-003716
Chunk: 129

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 129
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 principles, and make a reasonable provision for all unpaid loss and loss adjustment expense obligations under the terms of our contracts and agreements. In addition to $111.7 million of recorded case reserves, we recorded $483.8 million of IBNR reserves as of December 31, 2024 to achieve overall reserves of $595.5 million. The process of establishing our reserves is complex and necessarily imprecise, as it involves using judgment that is affected by many variables. We believe a reasonably likely change in almost any of the factors we evaluate as part of our loss reserve analysis could have an impact on our reported results, financial position and liquidity. The following table quantifies the impact of changes in our loss reserves on our net income, stockholders’ equity and liquidity as of and for the year ended December 31, 2024.

| (dollars in thousands)              |     | Actual |         |     | Low      
 Estimate |         |     | %      
 Change 
 from   
 Actual |       |    |     | High     
 Estimate |         |     | %      
 Change 
 from   
 Actual |       |    |
|:------------------------------------|:----|:-------|--------:|:----|:---------|--------:|:----|:-------|------:|:---|:----|:---------|--------:|:----|:-------|------:|:---|
| Loss Reserves                       |     | $      | 595,487 |     | $        | 424,462 |     |        | (28.7 | )% |     | $        | 636,096 |     |        |   6.8 | %  |
| Impact on:                          |     |        |         |     |          |         |     |        |       |    |     |          |         |     |        |       |    |
| Net income                          |     |        | 201,125 |     |          | 328,727 |     |        |  63.4 | %  |     |          | 170,827 |     |        | (15.1 | )% |
| Shareholders’ equity                |     |        | 433,159 |     |          | 560,761 |     |        |  29.5 | %  |     |          | 402,861 |     |        |  (7.0 | )% |
| Adjusted cash, cash equivalents and 
 investments