Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 113

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 113
---
. If our unpaid losses and loss adjustment expenses incurred, net are considered deficient or redundant, we increase or decrease the liability in the period in which we identify the difference and reflect the change in our current period results of operations. In general, our losses and loss adjustment expense reserves (“LAE”) are affected by:

| • |     | the occurrence, frequency and severity of claims associated with the particular types of insurance contracts that 
 we write;                                                                                                         |

| • |     | the reinsurance agreements we have in place at the time of a loss; |

| • |     | the mix of business written by us; |

| • |     | changes in the legal or regulatory environment related to the business we write; |

| • |     | trends in legal defense costs; and |

| • |     | inflation in the cost of claims including inflation related to wages, medical costs and building materials. |

Losses and LAE are based on actual paid losses and expenses, as well as an actuarial analysis of the estimated losses, including losses incurred during the period and changes in estimates from prior periods. Losses and LAE may be paid out over a period of years. Policy acquisition and other underwriting expenses.Policy acquisition and other underwriting expenses consist of the following items: (i) commissions paid to outside agents at the time of policy issuance, (ii) premium taxes and (iii) inspection fees. We recognize policy acquisition and other underwriting expenses ratably over the term of the underlying policy. Until renewed, policies assumed from Citizens have no associated policy acquisition and other underwriting expenses. General and administrative expenses.General and administrative expenses include compensation and related benefits, professional fees, office lease and related expenses, information system expenses, corporate insurance, and other general and administrative costs. Interest expense. Interest expense consists of interest paid on our commercial loans and Credit Facility (as defined below), amortization of debt issuance costs, net settlements of interest rate swaps, and changes in market value of interest rate swaps. Depreciation expense. Depreciation expense includes depreciation of property and equipment, including software developed for internal use. 77

Amortization expense. Amortization expense includes amortization of renewal rights
and other intangible assets.

Other operating expense.Other operating expense includes other miscellaneous expenses.

Income tax expense. Income tax expense generally consists of income taxes payable by our subsidiaries that are taxed as corporations.
We were incorporated as a corporation in the state of Delaware on March 2, 2021. As a corporation