Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 152

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 152
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712 million, in excess of our retention and private reinsurance of $379 million. The limit and retention of our FHCF coverage is subject to upward or downward adjustment based on, among |

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| other things, submitted exposures to FHCF by all participants. The FHCF estimate is currently based on the most up-to-date 2024 rates and multiples, as of December 12, 2024. We purchase                                                  
 coverage alongside, above, and below the FHCF layer from third party reinsurers. The layer alongside is in the amount of $85 million and the layer immediately above is in the amount of $35 million. The private reinsurance is generally 
 adjusted to fill in gaps in our FHCF coverage. The FHCF coverage cannot be reinstated once exhausted, but it does provide coverage for multiple events.                                                                                    |

| • |     | Purple Re Layers. As described above, we entered into a catastrophe reinsurance agreement with Purple Re,                                                                                                                                      
 which provides coverage for $410 million of losses and loss adjustment expenses in excess of $1.2 billion, collateralized by the proceeds of the issuance. To the extent our FHCF and private coverage is partially or entirely exhausted by a 
 first catastrophic event, Purple Re would provide coverage of $410 million of losses and loss adjustment expenses in excess of $505 million.                                                                                                   |

| • |     | Layer Above. We have additional $232.6 million of coverage alongside and above the Purple Re 2023-1, 2023-2 and 2024-1 catastrophe bonds of loss and loss adjustment expense. This coverage cannot be reinstated once exhausted, but 
 it does provide coverage for multiple events. $90 million of the limit is alongside Purple Re 2024-1 while $142.6 million is above.                                                                                                  |

| • |     | Third Event. We have an additional $62.6 million of coverage in excess of $35 million                                                           
 consolidated retention of loss and loss adjustment expense for a third event. This coverage is in place to protect against frequency of events. |

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2024-2025 reinsurance tower

Modeled return periods and historical loss estimates (excluding Hurricane Ian) derived from Verisk
Touchstone Standard Catalog with Demand Surge.

We test the sufficiency of our reinsurance program by subjecting our exposures to
statistical testing based on the most severe hurricanes which have hit Florida using the Verisk U.S. Hurricane Model. Hurricane Ian’s historical loss estimate is calculated by taking the actual losses