Mount Logan Capital Inc. (MLCI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to the MRC Q2 2025 Earnings Call. My name is Emily, and I'll be coordinating your call today. After the presentation, you will have the opportunity to ask any questions by pressing Start, followed by the number 1 on your telephone keypad. I would now like to turn the call over to Ted Goldthorpe to begin. Please go ahead. Thank you, and good morning, everyone. We appreciate you joining us for our second quarter 2025 results call. During the call, we refer the information provided for second quarter 2025 press release, MD&A, and interim consolidated financial statements, all of which were released Thursday evening and are available on our website and on CDAR. Joining me this morning to discuss our results and outlets for the business is our Chief Financial Officer, Nikita Klotsen, our President, Henry Wong, and our Head of Investor Relations, Scott Chan. As a reminder, All references to dollar amounts on this call are in U.S. dollars, unlike otherwise stated. Overall, we made progress on key business initiatives during the quarter and remain confident in the direction of the business, and we are looking forward to sharing more about that with you today. We're also pleased to announce that we've obtained our 24th consecutive quarterly dividend, which consists of a two Canadian cents per share distribution for shareholders of record as of August 19, 2025. As a reminder, during the first quarter, we announced a transformative all-stock combination with 180-degree capital for a term, which remains subject to the regulatory and shareholder approval. We filed a joint proxy statement with the FTC around the proposed combination, and the proxy materials were declared effective on July 11, 2025. We have since held a joint call with 180-degree capita...