Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 292

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 292
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 as determined by a premium formula. The Company’s maximum projected payout from the FHCF is $368.8 million, with a retention of $199.3 million. The effects of reinsurance on premiums written and earned are as follows:

|                 |     | 2024    
 Written |           |   |     | Earned |           |   |     | 2023    
 Written |          |   |     | Earned |          |   |
|:----------------|:----|:--------|----------:|:--|:----|:-------|----------:|:--|:----|:--------|---------:|:--|:----|:-------|---------:|:--|
| Direct premiums |     | $       | 1,333,864 |   |     | $      | 1,097,300 |   |     | $       |  874,726 |   |     | $      |  595,085 |   |
| Ceded premiums  |     |         |  (368,467 | ) |     |        |  (304,861 | ) |     |         | (203,780 | ) |     |        | (153,673 | ) |
| Net premiums    |     | $       |   965,397 |   |     | $      |   792,439 |   |     | $       |  670,946 |   |     | $      |  441,412 |   |

SIH ceded losses and loss adjustment expenses of $318,889 and $60,656 in 2024 and 2023, respectively. Based on all available information considered in the rating based method described in Note 1 — “Summary of Significant Accounting Policies,” the Company recognized a credit loss expense of $0 and $0 for the year ended December 31, 2024 and 2023 respectively. F-59

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements For the years ended December 31, 2024 and 2023 (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated)

| 12. | Revolving Credit Facility |

The Company has a secured revolving credit agreement (“Credit Agreement”) with Regions Bank that currently provides borrowing capacity of up to $10 million and expires on June 25, 2029. The Credit Agreement secured by the Company’s properties was executed June 25, 2024. On