Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 122

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 122
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 March 31, 2025, primarily as a result of growth in retained earnings from net income for the three months ended March 31, 2025.

Return on equity.Our return on equity decreased from 20.7% for the three months ended March 31, 2024 to 19.2% for the
three months ended March 31, 2025 as a result of growth in equity due to retained earnings.

82

Return on tangible equity. Our return on tangible equity decreased from 22.1% for the three months ended March 31, 2024 to 19.5% for the three months ended March 31, 2025 as a result of growth in equity due to an increase in retained earnings. Results of Operations Year Ended December 31, 2024 Compared to Year Ended December 31, 2023 The following table summarizes our results of operations for the years ended December 31, 2023 and 2024:

|                                                                                  |     | Year Ended December 31, 
 (in thousands)          |      2024 |     |   |     2023 |     |   |   Change |     |     | % Change |
|:---------------------------------------------------------------------------------|:----|:------------------------|----------:|:----|:--|---------:|:----|:--|---------:|:----|:----|:---------|
| Gross premiums written                                                           |     | $                       | 1,333,864 |     | $ |  874,726 |     | $ |  459,138 |     |     | 52.5%    |
| Change in unearned premiums                                                      |     |                         |  -236,564 |     |   | -279,641 |     |   |   43,077 |     |     | (15.4)%  |
| Gross premiums earned                                                            |     |                         | 1,097,300 |     |   |  595,085 |     |   |  502,215 |     |     | 84.4%    |
| Ceded premiums earned                                                            |     |                         |  -304,861 |     |   | -153,673 |     |   | -151,188 |     |     | 98.4%    |
| Net premiums earned                                                              |     |                         |   792,439 |     |   |  441,412 |     |   |