---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-040471"
form_type: "8-K"
ticker: "AAME"
cik: "0000008177"
company_name: "ATLANTIC AMERICAN CORP"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:47:33.388856+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Atlantic American Q3 net loss narrows to $0.7M; operating income up $4.1M YoY

## Summary
- Q3 net loss of $0.7M ($0.04 per diluted share) vs loss of $0.9M ($0.05) in Q3 2021.
- Nine-month net income $0.5M ($0.01) down from $1.6M ($0.06) in 2021.
- Operating income increased $4.1M in Q3 and $10.2M YTD due to favorable life/health loss experience.
- Announced formation of new subsidiary Atlantic Capital Life Assurance Company.
- Property and casualty operations remain profitable with top-line growth.

## SEC filing metadata
- accession: 0001140361-22-040471
- form_type: 8-K
- ticker: AAME
- cik: 0000008177
- company_name: ATLANTIC AMERICAN CORP
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8177/000114036122040471/0001140361-22-040471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8177/000114036122040471/brhc10043655_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-040471
- JSON: https://secwatch.observer/filing/0001140361-22-040471.json
- Plain text: https://secwatch.observer/filing/0001140361-22-040471.txt

## Key facts
- Earnings Releases
  ATLANTIC AMERICAN CORP reported three month period ended September 30, 2022 results: net income net loss of $0.7 million, EPS $0.04 per diluted share.
  - Period: three month period ended September 30, 2022
  - Net income: net loss of $0.7 million
  - EPS: $0.04 per diluted share
  - Result: reported results
  source text: Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended September 30, 2022 of $0.7 million, or $0.04 per diluted share, as compared to net loss of $0.9 million, or $0.05 per diluted share, for the comparable period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8177/000114036122040471/0001140361-22-040471-index.htm
- Earnings Releases
  ATLANTIC AMERICAN CORP reported nine month period ended September 30, 2022 results: net income net income of $0.5 million, EPS $0.01 per diluted share.
  - Period: nine month period ended September 30, 2022
  - Net income: net income of $0.5 million
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: For the nine month period ended September 30, 2022, the Company reported net income of $0.5 million, or $0.01 per diluted share, as compared to net income of $1.6 million, or $0.06 per diluted share, for the comparable period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8177/000114036122040471/0001140361-22-040471-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.