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Company:
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ATLANTIC AMERICAN CORP (AAME)
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Form Type:
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4
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Filing Date:
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8/2/2019
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CIK:
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0000008177
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Address:
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4370 PEACHTREE RD NE
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City, State, Zip:
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ATLANTA, Georgia 30319
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Telephone:
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(404) 266-5500
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$2.48
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Change:
-0.0799 (-3.12%)
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Trade Time:
Jan 27
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Market Cap:
$50.63M
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Description of Business
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Atlantic American Corporation, a Georgia corporation incorporated in 1968 (the
"Parent" or "Company"), is a holding company that operates through its
subsidiaries in well-defined specialty markets within the life and health and
property and casualty insurance industries. The Parent's principal operating
subsidiaries are American Southern Insurance Company and American Safety
Insurance Company (together known as "American Southern") within the property
and casualty insurance industry and Bankers Fidelity Life Insurance Company and
Bankers Fidelity Assurance Company (together known as "Bankers Fidelity") within
the life and health insurance industry. Each of American Southern and Bankers
Fidelity is managed separately based upon the type of products it offers, and is
evaluated on its individual performance. The Company's strategy is to focus on
well-defined geographic, demographic and/or product niches within the insurance
marketplace.
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