Slide Insurance Holdings, Inc., the technology-enabled insurer, has completed its 2026-2027 catastrophe excess of loss reinsurance tower, securing a record total aggregate reinsurance limit of $5.463 billion.
This represents a significant 65% increase from the $3.304 billion secured last year. As part of this expansion, the carrier significantly boosted its first-event coverage to $3.981 billion, up $1.424 billion from $2.557 billion in 2025-2026.
Despite the substantial capacity growth, Slide maintained retention discipline, with its first-event retention remaining conservatively positioned at no more than 25% of estimated pre-tax earnings.
This places maximum retentions at $166.8 million on a first-event basis (1-in-100 year probable maximum loss), and $150 million on a second-event basis (1-in-50 year probable maximum loss).
Furthermore, the programme also has good capital diversification as Slide added 12 new markets and increased the Purple Re catastrophe bond limit to $780 million of multi-year coverage (up from $660 million).
All reinsurers are rated AM Best ‘A-’ or better, or are fully collateralized. Slide Re, the company’s reinsurance subsidiary, continues to participate selectively.
Bruce Lucas, Chairman and Chief Executive Officer of Slide, said: “I am pleased to announce the completion of our 2026-2027 catastrophe reinsurance program. This renewal represents one of the strongest towers in Slide’s history. We secured meaningful improvements in both rate and terms while significantly expanding our total capacity.
“The continued support from our reinsurance partners, combined with the positive effects of Florida’s 2022 legislative reforms, underscores the strength of our underwriting discipline and risk management strategy. This program further strengthens Slide’s financial resilience and positions us to confidently support our policyholders through Florida’s peak hurricane season.”
Highlighting how the insurer has increased its reinsurance buying to support its growth, Slide completed a $1.86 billion reinsurance programme for the 2024 Atlantic hurricane season to protect homeowners across Florida and South Carolina.
The 2026-2027 programme underscores Slide’s rapid growth trajectory over recent seasons and substantially reinforces its financial cushion as it enters the peak of the storm season.
