Mount Logan Capital Inc.
For the period ended Nov 5, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Nov 5, 2026 · Filed Nov 5, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · Segment Information
Segment Information
Segment Income is a measure of profitability and has certain limitations in that it does not take into account certain items included under U.S. GAAP. Segment Income is the sum of (i) Fee Related Earnings and (ii) Spread Related
Earnings. The following presents a reconciliation of Net Income (loss) attributable to Mount Logan common shareholders to Segment Income:
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net income (loss) | $(3,725) | $(13,436) | $(13,872) | $(21,075) |
| Income tax (expense) benefit — Asset Management | — | (2,306) | — | (2,333) |
| Income (loss) before taxes | $(3,725) | $(11,130) | $(13,872) | $(18,742) |
| Asset Management Adjustments: | ||||
| Intersegment management fee eliminations | 1,668 | 1,620 | 5,096 | 4,400 |
| Administration and servicing fees 1 | 904 | 668 | 2,654 | 1,779 |
| Transaction costs | 17 | 3,185 | 51 | 10,483 |
| Compensation and benefits 1 | 90 | 861 | 436 | 1,802 |
| Equity-based compensation | 422 | 1,240 | 502 | 1,632 |
| Amortization and impairment of intangible assets | 512 | 8,272 | 1,630 | 11,071 |
| Interest and other credit facility expenses | 2,185 | 1,970 | 6,362 | 5,876 |
| General, administrative and other 1 | 1,577 | 2,654 | 4,915 | 4,197 |
| Net realized and change in unrealized gains (losses) from investment activities | 1,044 | (1,342) | 2,362 | (3,050) |
| Dividend income | (9) | (22) | (74) | (89) |
| Interest income - bank interest | (8) | — | (154) | — |
| Other income (loss), net | (13) | 11 | (17) | (294) |
| Loss on extinguishment of debt | — | — | 472 | — |
| Gain on acquisition | — | (4,457) | — | (4,457) |
| Share of Operating Income on Investments held at FV | 1 | 144 | 204 | 357 |
| Insurance Solutions Adjustments: | — | — | ||
| Equity-based compensation | — | 885 | — | 1,166 |
| Net unrealized gains (losses) from investment activities | 1,252 | 1,116 | 5,890 | (2,959) |
| Other income | (2,128) | (76) | (2,272) | (230) |
| Intersegment management fee eliminations | (1,668) | (1,620) | (5,096) | (4,400) |
| General, administrative and other 2 | 324 | 185 | 1,695 | 954 |
| Write down of DAC due to recapture | 734 | — | 734 | — |
| Segment Income | $3,179 | $4,164 | $11,518 | $9,496 |
(1)Represents corporate overhead allocated to each segment.
(2)Represents costs incurred by the insurance segment for purposes of U.S. GAAP reporting but not the day-to-day operations of the insurance company.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.