Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 253

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 253
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 505 million |     |               | 100.00 | % |

F-18

Slide Insurance Holdings, Inc. Notes to Unaudited Condensed Consolidated Financial Statements (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated)

|                           |     | 1st Event 
 Coverage  |             |     | In Excess of |             |     | Reinsurer     
 Participation |        |   |
|:--------------------------|:----|:----------|:------------|:----|:-------------|:------------|:----|:--------------|-------:|:--|
| Purple Re 2024-1 Cat Bond |     | $         | 300 million |     | $            | 505 million |     |               |  70.00 | % |
| 7th Layer                 |     | $         | 150 million |     | $            | 505 million |     |               |  30.00 | % |
| 8th Layer                 |     | $         | 150 million |     | $            | 505 million |     |               |  30.00 | % |
| 9th Layer                 |     | $         | 115 million |     | $            | 505 million |     |               |  93.31 | % |
| 10th Layer                |     | $         | 28 million  |     | $            | 505 million |     |               | 100.00 | % |

The catastrophic excess of loss agreement has a corridor through it, whereby the FHCF picks up 90% of losses and the catastrophe layers pick up the remaining 10%. The mandatory FHCF layer is 90% of $791.8 million, excess of $379.4 million. Premium for this coverage is $60,088. The ultimate net loss for each of the above layers will include any recoveries from the FHCF or so deemed. The FHCF provides catastrophe coverage for named hurricanes up to a maximum limit of 90% of the amount of ultimate losses in the layer, as determined by a premium formula. The Company’s maximum projected payout from the FHCF is $712.6 million, with a retention of $379.4 million.

| 9. | Revolving Credit Facility |

The Company has a secured revolving credit agreement (“Credit Agreement”) with Regions Bank that originally provided borrowing capacity of up to $10 million and expires on June 25, 202