Vmbook Online ordering

Life Insurance

Atlantic American Corporation (AAME) is a holding company that engages in the life insurance and insurance underwriting business in the United States. The company operates through two segments: Life Insurance and Annuities, and Service and Other.

Headquartered in Atlanta, Georgia, Atlantic American Corporation has been in operation for several decades, and its stock is listed on the Nasdaq Stock Exchange. The company focuses on providing a range of life insurance and annuity products, including fixed and indexed annuities, as well as single premium and flexible premium life insurance policies.

In terms of financial performance, Atlantic American Corporation has shown steady growth over the past few years. In its most recent financial report for the year ended December 31, 2022, the company reported total revenues of $158.4 million, representing an increase of 9.7% compared to the previous year. Net income for the year was $11.4 million, up from $10.2 million in the previous year.

The company's earnings per share (EPS) for the year was $1.19, compared to $1.06 in the previous year, reflecting a growth of 11.3%. Atlantic American Corporation's return on equity (ROE) for the year was 13.3%, indicating a strong and efficient use of shareholders' equity in generating profits.

However, it is important to note that investing in the stock market always involves a degree of risk, and past performance is not a guarantee of future results. Prospective investors should conduct their own research and consider consulting with a financial advisor before making investment decisions.