Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 113

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 113
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performance measure in the management of our operations because we believe it gives our management and other users of our financial information useful insight into our results of operations and our underlying business performance. See
“Prospectus Summary—Summary Consolidated Financial and Other Data” for a reconciliation of return on tangible equity to return on equity, the most directly comparable GAAP measure.

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Results of Operations Nine Months Ended September 30, 2024 Compared to Nine Months Ended September 30, 2023 The following table summarizes our results of operations for the nine months ended September 30, 2023 and 2024.

|                                                                                  |     | Nine Months Ended September 30, 
 (in thousands)                  |     2024 |   |     |   |     2023 |   |     |   |  Change |    |     |     | % Change |    |
|:---------------------------------------------------------------------------------|:----|:--------------------------------|---------:|:--|:----|:--|---------:|:--|:----|:--|--------:|:---|:----|:----|---------:|:---|
| Gross premiums written                                                           |     | $                               |  939,257 |   |     | $ |  555,445 |   |     | $ | 383,812 |    |     |     |     69.1 | %  |
| Change in unearned premiums                                                      |     |                                 | (166,176 | ) |     |   | (152,584 | ) |     |   | (13,592 | )  |     |     |      8.9 | %  |
| Gross premiums earned                                                            |     |                                 |  773,081 |   |     |   |  402,861 |   |     |   | 370,220 |    |     |     |     91.9 | %  |
| Ceded premiums earned                                                            |     |                                 | (205,238 | ) |     |   | (105,582 | ) |     |   | (99,656 | )  |     |     |     94.4 | %  |
| Net premiums earned                                                              |     |                                 |  567,843 |   |     |   |  297,279 |   |     |   | 270,564 |    |     |     |     91.0 | %  |
| Net investment income                                                            |     |