Atlantic American Corporation Reports Q2 2025 Results: Net Income Increases to $3.3 Million

Atlantic American Corporation reported Q2 2025 net income of $3.3 million, or $0.15 per diluted share, compared to a net loss of ($0.7) million, or ($0.04) per diluted share, in Q2 2024. The increase was primarily due to higher premium revenue and unrealized gains on equity securities. Operating income increased $2.7 million in Q2 2025 from Q2 2024, driven by growth in the inland marine line of business and Medicare supplement and group accident and health lines of business.

Atlantic American Corporation (Nasdaq: AAME) reported robust financial results for the second quarter of 2025, posting a net income of $3.3 million, or $0.15 per diluted share, compared to a net loss of ($0.7) million, or ($0.04) per diluted share, in the same period of 2024. The company's net income for the six-month period ended June 30, 2025, reached $4.1 million, or $0.19 per diluted share, compared to a net loss of ($2.7) million, or ($0.14) per diluted share, in the same period of 2024 [1].

The turnaround in performance was driven by significant increases in premium revenue and unrealized gains on equity securities. Premium revenue grew to $50.1 million in Q2 2025, up from $45 million in Q2 2024, with notable growth in the inland marine, Medicare supplement, and group accident and health lines. Operating income increased by $2.7 million in Q2 2025, primarily due to growth in the inland marine line of business and Medicare supplement and group accident and health lines of business [1].

The company's balance sheet also strengthened, with total investments growing to $280.3 million from $265.7 million at the end of 2024. Book value per share increased to $4.94, up 7.2% from $4.61 at the end of 2024, representing solid shareholder value creation in just six months [1].

Atlantic American's Chairman, President, and Chief Executive Officer, Hilton H. Howell, Jr., commented on the results, stating, "We are pleased to report exceptional financial results this quarter, marked by a significant increase in net income and continued improvement in operating income. Our property & casualty and life & health segments each delivered strong earned premium growth, supported by steady new business momentum and retention of existing contracts. These results underscore the resilience of our business model, the effectiveness of our growth strategy and the benefits of our diversified product offerings. Looking ahead to the second half of the year, we believe we are well-positioned to deliver sustained, profitable growth and drive long-term value creation for our shareholders" [1].

Atlantic American Corporation is an insurance holding company involved in specialty markets of the life, health, and property and casualty insurance industries. Its principal insurance subsidiaries include American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company, Bankers Fidelity Assurance Company, and Atlantic Capital Life Assurance Company [1].

References:
[1] https://www.stocktitan.net/news/AAME/atlantic-american-corporation-reports-second-quarter-results-for-8x3zj3brw751.html