Company: SLDE
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0000950123-25-003716
Chunk: 248

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 248
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   |  5,202 |     |     |      4.42 | % |
| Permanent items                            |     |   |    241 |     |     |      0.09 | % |     |   |    345 |     |     |      0.29 | % |
| Other                                      |     |   |     52 |     |     |      0.02 | % |     |   |     18 |     |     |      0.02 | % |
| Income tax expense                         |     | $ | 68,850 |     |     |     25.39 | % |     | $ | 30,270 |     |     |     25.73 | % |

F-31

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) The Company has no uncertain tax positions or unrecognized tax benefits that, if recognized, would impact the effective income tax rates for the year ended December 31, 2024 and 2023. The tax returns filed for the years ending December 31, 2023 and 2022 remain subject to examination by the Company’s major taxing jurisdictions. The Company does not have any federal net operating loss carryforwards available as of December 31, 2024. The Company has zero state net operating loss carryforwards available as of December 31, 2024.

| 11. | Reinsurance |

Certain premiums and losses are ceded to other insurance companies under various excess of loss reinsurance agreements. The ceded reinsurance agreements are intended to provide SIH with the ability to maintain its exposure to losses within its capital resources. These reinsurance agreements do not relieve SIH from its primary obligation to policyholders, as it remains liable to its policyholders to the extent that any reinsurer does not meet its obligations for reinsurance ceded to it under reinsurance contracts. Therefore, SIH is subject to credit risk with respect to the obligations of its reinsurers, and any failure on the part of these reinsurers could have a material adverse effect on SIH’s business, financial condition and results of operations. Effective June 1, 2024, the Company entered into a per risk excess of loss treaty retaining $0.7 million on each property risk and ceding the next $4.3 million of loss. The per risk excess of loss treaties cover 100%