Company: SLDE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001193125-25-267339
Chunk: 0

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 0
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Slide Insurance Holdings, Inc.

Condensed Consolidated Balance Sheets

(Dollar amounts in thousands, except per share and par value amounts)

     September 30, 2025

     December 31, 2024

     (Unaudited)

     ASSETS

     Invested assets:

     Fixed-maturity securities, available-for-sale, at estimated fair value (amortized costs: $465,454   and $464,585, respectively and allowance for credit losses: $0 and $0 respectively)
      
     $
     474,603

     $
     464,966

     Other investments, net

     4,044

     4,548

     Total invested assets
      
     $
     478,647

     $
     469,514

     Cash and cash equivalents

     861,558

     493,409

     Restricted cash

     779

     631

     Restricted cash - variable interest entity

     539,855

     295,802

     Accrued interest income

     6,984

     5,569

     Assumed premiums receivable

     —

     10,284

     Premiums receivable, net of allowance for credit loss of $2,295 and $1,048, respectively

     105,713

     47,642

     Reinsurance recoverable on paid losses, net of allowance for credit loss: $0 and $0, respectively

     32,197

     —

     Reinsurance recoverable on unpaid losses, net of allowance for credit loss: $0 and $0, respectively

     207,939

     341,051

     Prepaid reinsurance premiums

     312,924

     148,288

     Deferred income tax assets, net

     11,436

     17,371

     Deferred policy acquisition costs

     92,333

     65,046

     Advanced payments of premium tax liability

     27

     —

     Property and equipment, net

     12,399

     13,578

     Right-of-use lease assets, operating

     8,913

     8,390

     Intangibles, net

     1,999

     7,692

     Goodwill

     2,603

     2,603

     Prepaid expenses