Company: SLDE
Filing Date: 2025-06-09
Form Type: S-1/A
Source: 0001193125-25-137410
Chunk: 116

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-09
Form: S-1/A
Chunk 116
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 non-affiliatedcarriers. We charge pay-planfees to policyholders that pay their premium in more than one installment and record the fees as income when collected. Expenses Losses and loss adjustment expenses incurred, net.Losses and loss adjustment expenses incurred, net reflect losses paid, expenses paid to resolve claims, such as fees paid to adjusters, attorneys and investigators, and changes in our reserves for unpaid losses and loss adjustment expenses incurred, net during the fiscal period, in each case net of losses ceded to reinsurers. Our reserves for unpaid losses and loss adjustment expenses incurred, net represent the estimated ultimate cost of resolving all reported claims plus all losses we incurred related to insured events that we assume have occurred as of the reporting date, but that policyholders have not yet reported to us (which are commonly referred to as “incurred but not reported,” or “IBNR”). We estimate our reserves for unpaid losses using individual case-based estimates for reported claims and actuarial estimates for IBNR losses. We continually review and adjust our estimated losses as necessary based on industry development trends, our evolving claims experience and new information obtained. 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)