Mount Logan Capital Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

Achieved significant milestones in 2023 including a record year for asset management revenue, completion of Ability's $250 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 $537 million, up 59% versus 2022 while achieving a 9.2% yield on the insurance investment portfolio for fiscal 2023 Declared quarterly distribution of C$0.02 per common share in the fi ...