Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 158

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 158
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, roof shape, roof age, and claims activity.

A summary of the criteria for the policies assumed in calendar year 2024 is provided below and compared to the Company’s portfolio at year-end 2023. As illustrated in the tabular disclosure in the sub-sections that follow, the risk characteristics of the assumed Citizens policies closely tracks the risk
characteristics of the Company’s

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stand-alone historical portfolio. As a result, the Company expects the financial performance of the Citizens policies it assumes to closely track the financial performance of the balance of the Company’s portfolio of policies. In the tables that follow in each sub-headingin this section, the following terms have the meanings ascribed to them below:

| • |     | PIF: Policies in force |

| • |     | Locations: Number of buildings |

| • |     | TIV: Total Insured Value, including Coverages A (dwelling), B (other structures), C (contents), and D 
 (loss of use)                                                                                         |

| • |     | Average TIV: TIV divided by Locations |

| • |     | Premium: In force premium |

| • |     | Average Premium: Premium divided by Locations |

For the reader’s reference, the “County” heading table in the sub-section“— Geographic Distribution” below includes both PIF and Locations. In contrast to personal residential policies, commercial policies commonly have multiple locations with distinct rating characteristics. In the sub-sections“— Distance to Coast”, “— Primary and Secondary Risk Characteristics”, locations are shown, not PIF, as a single commercial policy can contain more than one risk characteristic and would therefore, in management’s view, result in inaccurate PIF totals. The Company believes that the strong correlation between the primary and secondary characteristics of the assumed Citizens policies and the Company’s historical portfolio discussed below strongly supports the Company’s expectation that the financial performance of the assumed policies will approximate that of the rest of the Company’s portfolio and that therefore the Company’s historical financial performance is the best indicator of the amount, timing and probability of future cash flows and liabilities. Geographic Distribution The Company evaluates geographic distribution of Citizens’ policies to enhance balance of risks and to prevent unintended concentrations of risk. Concentrations of risk increase the risk of catastrophe losses and result in higher reinsurance costs. Accordingly, the Company often selects geographical distributions that differ from its existing distributions to enhance its spread of risk and reduce or maintain current reinsurance expenses. As part of its underwriting strategy, the Citizens policies selected by the