Atlantic American (AAME) Reports Q1 EPS of $0.03

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Atlantic American Reports First Quarter Results

May 12, 2015 11:00 AM EDT

Pre-tax income for the 1st quarter of 2015 increases from the 1st quarter of 2014. Company's aggregate loss ratio (insurance benefits and losses incurred to insurance premiums) decreases to 67.5% in the first quarter of 2015 as compared to 69.8% in the first quarter of 2014.

ATLANTA, May 12, 2015 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) today reported first quarter 2015 net income of $0.7 million or $0.03 per common share as compared to $0.8 million or $0.03 per common share in the first quarter of 2014. Pre-tax income was up 1.7% as compared to the 2014 first quarter; however, a... More