Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including fair financial strength of affiliated Atlantic American Corp. Weak profitability (2.0) with operating losses during 2024. Return on equity has been low, averaging -5.2%. Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.9). Excellent Liquidity (7.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
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Licensed in:
All states except AK, CA, CT, ID, ME, MA, MN, NH, NJ, NY, OR, RI, VT, WA, WI, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Atlantic American Corp
Investment Rating
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Company Address
4370 Peachtree Rd NE
Atlanta, GA 30319
Atlanta, GA 30319
Phone Number
(800) 241-1439
NAIC Number
71919
Website
Largest Affiliates