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Mount Logan Capital Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results
AXPAmerican Express(AXP) Newsfilter·2024-03-14 22:33

Achieved significant milestones in 2023 including a record year for asset management revenue, completion of Ability's 250millionreinsuranceagreementresultingintotalinvestmentsinexcessof250 million reinsurance agreement resulting in total investments in excess of 1 billion, and the closing of the Ovation transaction during July 2023 Increased Ability's total assets managed by Mount Logan to 537million,up59537 million, up 59% versus 2022 while achieving a 9.2% yield on the insurance investment portfolio for fiscal 2023 Declared quarterly distribution of C0.02 per common share in the fi ...