Mount Logan Capital Inc. (MLCI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to Mount Logan Capital's fourth quarter and full year 2025 results conference call. Before we begin, I would like to remind listeners that today's discussion will include forward-looking statements. These statements discuss our current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. These statements and other comments are not guarantees of future performance, but rather are subject to risk and uncertainty, some of which are beyond our control. These forward-looking statements apply as of today, and you should not rely on them as representing our views in the future. We undertake no obligation to update these statements after this call. For a description of the risk associated with Mt. Logan Capital's business, please see our most recent filings with the SEC. In addition, we will be referring to certain non-GAAP financial measures During this call, additional details and reconciliations of GAAP to non-GAAP financial measures are in today's earnings release. This afternoon's conference call is hosted by Mount Logan's Chairman and Chief Executive Officer Ted Goldthorpe, President Henry Wong, Chief Financial Officer Nikita Klassen, and Head of Investor Relations Scott Chan. As a reminder, all references to dollar amounts on this call are in U.S. dollars unless otherwise stated. I will now turn the call over to Mr. Goldthorpe. You may begin. Thank you. Good afternoon, everyone. Thank you for joining us today. 2025 was an active year across Mt. Logan's platform, so I wanted to start by stepping back and telling you what this past year has represented because the significant actions we took over the last yea...