Slide Insurance Holdings Inc. posts record low combined ratio and strong premium growth in Q3 2025

Reuters11-06
<a href="https://laohu8.com/S/SLDE">Slide Insurance Holdings Inc.</a> posts record low combined ratio and strong premium growth in Q3 2025

Slide Insurance Holdings Inc. reported gross premiums written of $463.0 million for the third quarter of 2025, up from $346.0 million in the same period of the previous year. Net income for the quarter was $111.0 million, compared to $18.0 million in the prior-year period. The loss ratio improved to 13.7% from 60.4%, and the combined ratio declined to 48.5% from 94.3%. Return on equity for the quarter was 12.1%. For the first nine months of 2025, gross premiums written reached $351.7 million, an increase from $275.1 million in the same period of 2024. Net income for the nine months was $939.0 thousand, up from $274.0 thousand a year earlier. The loss ratio for the nine-month period was 27.7%, down from 49.3%, and the combined ratio was 58.3%, compared to 76.8% in the same period last year. Return on equity for the nine months was 41.5%. During the period, Slide expanded its agent network and achieved double-digit growth in policies in force and gross premiums written in South Carolina. The company also filed products and rates in New York and New Jersey, with plans to begin writing policies in these states in the first half of 2026, subject to regulatory approval. Slide is also advancing operational groundwork in New York, New Jersey, Rhode Island, and California.

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