Atlantic American Corp Reports Q3 2025 Profit Turnaround on Premium Growth
Atlantic American Corporation reported a net income of $0.6 million for the third quarter of 2025, representing a significant turnaround from a net loss of $2.0 million in the same period of 2024.
The company's net income for the first nine months of 2025 reached $4.7 million, compared to a loss of $4.7 million in 2024. This improvement was largely driven by increased premium revenues across its property and casualty, as well as life and health insurance segments.
Operating income also saw substantial growth, increasing by $2.3 million for the third quarter and $7.7 million for the first nine months of 2025 compared to the prior year periods. Key contributors to this increase included higher premium revenues in automobile liability, inland marine, and automobile physical damage lines within property and casualty operations, as well as Medicare supplement and group accident and health segments in life and health operations.
Atlantic American’s diversified insurance portfolio and disciplined operational execution have been central to this financial turnaround, with premium revenue growing nearly 12% year-to-date. The company’s operating income excludes certain investment-related gains and tax expenses to provide a clearer view of core operational performance.
CEO Hilton H. Howell, Jr. emphasized the company's positive momentum, noting strong new business growth and solid retention rates across both main insurance segments. He highlighted the company's strengthened position to sustain profitability and generate long-term shareholder value.
Atlantic American operates through multiple subsidiaries specializing in niche markets within the life, health, and property and casualty insurance industries. Its primary 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.
The company’s financial reporting conforms to U.S. Generally Accepted Accounting Principles (GAAP), though it also provides non-GAAP measures like operating income to offer insights into the company’s core earnings excluding tax and investment volatility.
The firm’s forward-looking statements address various risks, including macroeconomic conditions, healthcare and insurance market changes, claims volatility, reinsurance performance, regulatory developments, cybersecurity issues, and other operational risks. These disclosures underscore the uncertainty and complexity of the insurance marketplace.
Investor activity noted recent shifts, with several institutional investors adjusting their holdings in Atlantic American stock in the most recent quarter, reflecting ongoing interest and evaluation of the company’s financial performance and market positioning.