Slide Insurance Q1 2026: 50% premium growth, 55.5% combined ratio, $137.1M share buyback

Filed April 30, 2026 · Period ending March 31, 2026 · ~1 min read

Key Changes

• high

  Gross premiums written surged 49% YoY to $414.8M and net income rose 51% to $139.5M, driven by 28,783 Citizens policy assumptions ($67M premiums, zero acquisition costs) and 46% growth in policies in force to 509,928.

  MD&A: Financial Results & Citizens Assumptions verify on EDGAR →
• high

  Combined ratio improved to 55.5% from 58.9% YoY, indicating strong underwriting profitability. Company maintains $1.7B in cash/equivalents for hurricane season liquidity, with $170M available credit capacity.

  MD&A: Profitability & Liquidity verify on EDGAR →
• high

  Company deployed $137.1M for share repurchases in Q1 2026 (vs. $1.5M in Q1 2025), marking aggressive capital return while debt-to-capitalization ratio fell to 2.8% from 6.6% YoY.

  MD&A: Capital Allocation verify on EDGAR →