Overview
* Atlantic American ( AAME ) Q2 net income reaches $3.3 mln, reversing prior yr loss
* Operating income rises due to premium revenue growth in key insurance lines
* Co's results driven by unrealized gains on equity securities
Outlook
* Company believes it is well-positioned for sustained, profitable growth in H2 2025
Result Drivers
* PREMIUM REVENUE - Growth in premium revenue within inland marine and Medicare supplement lines boosted operating income
* UNREALIZED GAINS - Increase in unrealized gains on equity securities contributed to net income rise
* BUSINESS MOMENTUM - Steady new business momentum and retention of existing contracts supported premium growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $55.29
Revenue mln
Q2 Net $3.32
Income mln
Q2 $1.59
Adjusted mln
Operatin
g Income
Q2 Cash $280.28
& mln
Investme
nts
Q2 $4.22
Pretax mln
Profit
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)