Mount Logan Capital Inc. Announces Receipt of AM Best Rating for Ability Insurance Company
Mount Logan Capital Inc. announced that AM Best has assigned a Financial Strength Rating of B+ "(Good)" and a Long-Term Issuer Credit Rating of bbb- "(Good)" to its wholly-owned subsidiary, Ability Insurance Company, with a stable outlook.
Why it matters — The ratings from AM Best mark a significant milestone for Mount Logan's insurance solutions platform and reflect the improved capital position of Ability Insurance Company since its acquisition in 2021.