Company: SLDE
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0000950123-25-003716
Chunk: 245

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 245
---
 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. 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. F-28

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) 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                |     |   | 339,292 |   |     |   | 193,266 |   |
| Paid related to:              |     |   |         |   |     |   |         |   |
| Current year                  |     |   | 168,989 |   |     |   |  78,083 |   |
| Prior years                   |     |   |  60,342 |   |     |   |  31,820 |   |
| Total paid                    |     |   | 229,331 |