Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 125

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 125
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 increased from $595.1 million for the year ended December 31, 2023 to $1,097.3 million for the year ended December 31, 2024. Our policies in force as of 84

December 31, 2023 and December 31, 2024 were approximately 211,504 and 343,056 respectively, and this increase had a favorable impact on our gross premiums earned.

Ceded premiums earned.Ceded premiums for the years ended December 31, 2023 and 2024 were approximately $153.7 million and
$304.9 million, respectively, representing 25.8% and 27.8%, respectively, of gross premiums earned. The $151.2 million increase was primarily attributable to increased catastrophe reinsurance purchased due to increased policies in force.

Net premiums earned.Net premiums earned increased from $441.4 million for the year ended December 31, 2023 to
$792.4 million for the year ended December 31, 2024. The increase in net premiums earned in the comparable periods was primarily attributable to assumptions of policies from Citizens and increased renewals of existing policies.

Net investment income.Net investment income, inclusive of realized investment losses, increased from $20.9 million for the year
ended December 31, 2023 to $47.1 million for the year ended December 31, 2024. Our average investable assets increased from $484.7 million for the year ended December 31, 2023 to $983.7 million for the year ended
December 31, 2024. The increase in net investment income was due to increased equity from retained earnings and increased policies in force.

Policy fees. Policy fees increased from $3.5 million for the year ended December 31, 2023 to $6.6 million for the year
ended December 31, 2024. The increase in policy fees in the comparable periods was primarily attributable to increased renewals of existing policies.

Other income.Other income decreased from $2.7 million for the year ended December 31, 2023 to $0.8 million for the year
ended December 31, 2024. The decrease in other income between the comparable periods was primarily attributable to the sale of a small segment of commissionable premium produced for other insurance companies.

Total revenue.Total revenue increased from $468.5 million for the year ended December 31, 2023 to $846.8 million for