Company: SLDE
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0000950123-25-003025
Chunk: 124

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 124
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 as assets, instead of being netted with the related liabilities, since reinsurance does not discharge us of our liability to policyholders. Reinsurance balances recoverable on reserves for paid and unpaid losses and LAE totaled $115.0 million and $341.1 million at December 31, 2023 and December 31, 2024, respectively. Financial Condition Stockholders’ Equity As of December 31, 2024 and 2023, total stockholders’ equity was $433.2 million and $237.6 million, respectively. The increase was primarily due to increased retained earnings. Investment Portfolio Our primary investment objectives are to maintain liquidity, preserve capital and generate a stable level of investment income. We purchase securities that we believe are attractive on a relative value basis and seek to generate returns in excess of predetermined benchmarks. Our Board of Directors determines our investment guidelines in compliance with applicable regulatory restrictions on asset type, quality and concentration. Our cash and invested assets consist of cash and cash equivalents, fixed maturity securities and equity securities. 84

As of December 31, 2024, the majority of our investments, or $464.9 million, was comprised of highly rated fixed income securities. Also included in our investments were $4.5 million of other investments. In addition, we maintained a non-restrictedcash and cash equivalent balance of $493.4 million and a restricted cash balance of $296.4 million as of December 31, 2024. As of December 31, 2024, and 2023 the amortized cost and fair value on available for sale securities were as follows.

|                                                               |     |                 | As of December 31, 2024 |     |            |         |     |            |       |   |     |           | As of December 31, 2023 |     |            |         |     |            |       |   |
|:--------------------------------------------------------------|:----|:----------------|------------------------:|:----|:-----------|--------:|:----|:-----------|------:|:--|:----|:----------|------------------------:|:----|:-----------|--------:|:----|:-----------|------:|:--|
| Fixed Maturity Securities:                                    |     | Amortized       
 Cost            |                         |     | Fair Value |         |     | % of Total 
 Fair Value |       |   |     | Amortized 
 Cost      |                         |     | Fair Value |