Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 11

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 11
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 model allows us to quickly assess claims and limit additional damage by remediating any potential issues, further allowing us to control loss costs following an event. As
a result of our integrated and technology-enabled approach, for the years ended December 31, 2022 and 2023, SIC generated a consolidated net-attritional loss ratio, which we define as direct and assumed
loss and loss adjustment expense, excluding catastrophe losses, less any reinsurance recoveries, divided by net premiums earned, of 36.8% and 34.4%, respectively.

Strong balance sheet with limited legacy reserve exposures

We believe that our strong balance sheet is a key advantage within coastal specialty markets. It has allowed us to rapidly grow, participate in
the Citizens depopulation program and acquire renewal rights agreements from other carriers. Because we launched our operations in 2021, we have limited exposure to the legacy Florida legislative environment. We have no exposure to policies written
prior to March 1, 2022, which experienced significant loss cost inflation and adverse development in the Florida market. We have significant balance sheet flexibility with relatively low financial leverage of 15%. We have an ‘A’
“Exceptional” Financial Stability Rating from Demotech.

Our Strategy

We believe that our approach to our business will allow us to achieve our goals of both growing our business and generating attractive
risk-adjusted returns. Our approach involves:

4

Maintaining an opportunistic, contrarian underwriting approach

We believe we are well-positioned to take advantage of the ongoing changes in regulatory regime as well as competitive landscape across the
coastal specialty markets. Our deep understanding of such markets combined with extensive industry relationships allow us to successfully focus on opportunities often overlooked by our competitors. Our ability to understand and price the underlying
risks in such markets more thoroughly and faster than our competitors is a key driver of our success to date.

Delivering attractive returns on capital to our stockholders

We aim to deliver attractive growth, underwriting results, profitability and returns to our
stockholders through our underwriting expertise, proprietary underwriting technology, deep knowledge of coastal markets, disciplined risk management and prudent approach to capital management. Our strategy is to concentrate on coastal specialty
risks with attractive pricing levels that will enable us to generate strong profits across market cycles. We underwrite all of our own risks and do not delegate underwriting decisions to third parties. As the demand for insurance capacity in our
markets continue to grow, we expect to continue to capitalize on