Mount Logan Capital Inc. Announces Receipt of AM Best Rating for Ability Insurance Company

About this update from Mount Logan Capital Inc.

AM Best Assigns Financial Strength Rating of B+ "(Good)" and a Long-Term Issuer Credit Rating of bbb- "(Good)" Rating marks a significant milestone for Mount Logan's insurance solutions platform, highlighting the improved capital position and surplus of Ability Insurance Company since it was acquired in 2021 NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Nasdaq: MLCI) ("Mount Logan" or the "Company") today announced that AM Best, a leading, global credit rating agency specializing in the insurance industry, has assigned a Financial Strength Rating of B+ "(Good)" and a Long-Term Issuer Credit Rating of bbb- "(Good)" to its wholly-owned life and annuity insurance subsidiary, Ability Insurance Company ("Ability"). The outlook assigned to these Credit Ratings is stable. Ted Goldthorpe, Chief Executive Officer and Chairman of Mount Logan, said "The recent ratings action is an important milestone for Mount Logan and Ability, providing an independent, third-party validation of Ability's financial strength and capital position. The investment-grade credit rating underscores the strength of Ability's financial profile and reflects the significant capital we have invested in Ability since we acquired the business in 2021. We believe AM Best's ratings represent a critical step in unlocking the full earnings potential of our integrated platform across our insurance solutions and asset management segments." According to AM Best, the ratings reflect Ability's balance sheet strength, its operating performance, business profile, and appropriate enterprise risk management. The press release from AM Best is available on the investor relations section of the Company's website. About Mount Logan Capital Inc. Mount Logan Capital Inc. is an integrated alternative asset management and insurance solutions firm focused on generating durable, fee-based revenue and long-term value creation. The Company leverages differentiated investment strategies alongside permanent insurance capital to deliver attractive, risk-adjusted returns across market cycles. Through its subsidiaries, Mount Logan Management LLC and Ability Insurance Company, Mount Logan manages and invests across private and public credit markets in North America and operates an insurance platform that provides long-duration liabilities to support its credit investment strategies. This integrated pla...

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