Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 268

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 268
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 liability is capped at $14 million. Effective June 1, 2022, SIH entered into a facultative excess of loss reinsurance contract which provides $5.5 million of coverage in excess of $2 million for each loss, each risk. The reinsurer’s total liability is capped at $11 million. To minimize SIH’s exposure to losses from catastrophes, primarily hurricanes, SIH has entered into a catastrophe excess of loss agreement, as well as the mandatory participation in the Florida Hurricane Catastrophe Fund (“FHCF”). For the 2022 hurricane season, the Company also obtained reinsurance from the Florida State Board of Administration’s Reinsurance to assist Policyholders (“RAP”) program which provide reinsurance for Florida admitted policies only. F-52

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements For the years ended December 31, 2023 and 2022 (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) For the treaty period June 1, 2023 through May 31, 2024, the primary homeowners’ catastrophe excess of loss reinsurance agreement has the following retention and limits:

|                           |     | 1st Event 
 Coverage  |             |     | In Excess of |             |     | Reinsurer     
 Participation |        |   |
|:--------------------------|:----|:----------|:------------|:----|:-------------|:------------|:----|:--------------|-------:|:--|
| 1st Layer                 |     | $         | 20 million  |     | $            | 20 million  |     |               |  69.50 | % |
| 2nd Layer                 |     | $         | 30 million  |     | $            | 40 million  |     |               | 100.00 | % |
| 3rd Layer                 |     | $         | 50 million  |     | $            | 70 million  |     |               | 100.00 | % |
| 4th Layer                 |     | $         | 80 million  |     | $            | 120 million |     |               | 100.00 | % |
| 5th Layer                 |     | $         | 65 million  |     | $            | 200 million |     |               | 100.00 | % |
| 6th Layer                 |     | $         |