Ability Insurance, a wholly owned unit of Mount Logan Capital, launched its first multi-year guaranteed annuity products under the ReliAbility brand.
The move establishes direct insurance origination, expanding the group’s integrated asset management-insurance model to generate long-duration liabilities.
AM Best assigned Ability a B+ financial strength rating, with a bbb- long-term issuer credit rating.
Origination is expected to lift AUM, recurring management fees at Mount Logan Management, spread-related earnings at Ability, ceding commissions.
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