financetom
Business
financetom
/
Business
/
Atlantic American Corporation Q2 net income hits $3.3 mln, reversing loss
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Atlantic American Corporation Q2 net income hits $3.3 mln, reversing loss
Aug 12, 2025 11:31 AM

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.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bridgemarq Real Estate Services Closes Purchase of Bridgemarq Real Estate Services Manager; Provides Other Details
Bridgemarq Real Estate Services Closes Purchase of Bridgemarq Real Estate Services Manager; Provides Other Details
Apr 1, 2024
11:14 AM EDT, 04/01/2024 (MT Newswires) -- Bridgemarq Real Estate Services ( BREUF ) said Monday it completed the purchase of Bridgemarq Real Estate Services Manager and Proprio Direct from an affiliate of Brookfield Business Partners (BBU-UN.TO). The company also reported the settlement of certain payments owed by the company. As consideration for the transaction about 2.9 million Class B...
MP Materials Gets $58.5 Million to Advance Construction of Rare Earth Magnet Facility in Texas
MP Materials Gets $58.5 Million to Advance Construction of Rare Earth Magnet Facility in Texas
Apr 1, 2024
11:00 AM EDT, 04/01/2024 (MT Newswires) -- MP Materials ( MP ) said Monday it received a $58.5 million award to advance its construction of a rare earth magnet manufacturing facility in Fort Worth, Texas. The company said it is presently producing magnet precursor materials in a North American pilot facility. MP expects to begin commercial production of precursor materials...
United Airlines expects Boeing's delivery delays to impact aircraft utilization this year
United Airlines expects Boeing's delivery delays to impact aircraft utilization this year
Apr 1, 2024
CHICAGO, April 1 (Reuters) - United Airlines on Monday said delays in aircraft deliveries from Boeing ( BA ) will impact its aircraft utilization this year. As a result, the airline is offering its pilots voluntary programs next month to reduce excess staffing, it said. ...
Arthur J. Gallagher Acquires Specialty Risk Management Services and Private Client Insurance Services
Arthur J. Gallagher Acquires Specialty Risk Management Services and Private Client Insurance Services
Apr 1, 2024
10:41 AM EDT, 04/01/2024 (MT Newswires) -- Arthur J. Gallagher ( AJG ) said Monday it acquired Specialty Risk Management Services, which manages a property insurance program for businesses, and its affiliate Private Client Insurance Services. The company said Elaine Hawkins, Wes Brewer and their team will remain in their current location led by Bumpy Triche, head of Gallagher's Southeast...
Copyright 2023-2026 - www.financetom.com All Rights Reserved