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Atlantic American Corp  (AAME)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial

Atlantic American's

Competitiveness


 

AAME Sales vs. its Competitors Q3 2023



Comparing the current results to its competitors, Atlantic American reported Revenue decrease in the 3 quarter 2023 year on year by -3.78 %, despite the revenue increase by the most of its competitors of 1.55 %, recorded in the same quarter.

List of AAME Competitors

With a net margin of 3.94 % Atlantic American achieved higher profitability than its competitors.

More on AAME Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Atlantic American Corp achieved net profit of $1.76 millions compared to a net loss of $-0.68 millions recorded in the same quarter a year ago.

<<  AAME Stock Performance Comparisons


Atlantic American's Comment on Competitors and Industry Peers


Competition for insurance products is based on many factors including premiums charged, terms and conditions of coverage, service provided, financial ratings assigned by independent rating agencies, claims services, reputation, perceived financial strength and the experience of the organization in the line of business being written.

Property and Casualty Operations
The businesses in which American Southern engages are highly competitive. The principal areas of competition are pricing and service. Many competing property and casualty companies, which have been in business longer than American Southern, offer more diversified lines of insurance and have substantially greater financial resources. Management believes, however, that the policies it sells are competitive with those providing similar benefits offered by other insurers doing business in the states in which American Southern operates. American Southern attempts to develop strong relationships with its agents and, consequently, believes it is better positioned for new opportunities and programs with those agents.

Life and Health Operations
The life and health insurance business also remains highly competitive and includes a large number of insurance companies, many of which have substantially greater financial resources than Bankers Fidelity or the Company. Bankers Fidelity offers life insurance products, Medicare supplement and other accident and health insurance products with a focus on the senior market. Bankers Fidelity believes that its primary competitors are Americo Life, GTL, Lincoln Heritage, Medico, Monumental, Mutual of Omaha, New Era, Standard Life, Transamerica and United Healthcare. Bankers Fidelity competes with these as well as other insurers on the basis of premium rates, policy benefits and service to policyholders. Bankers Fidelity also competes with other insurers to attract and retain the allegiance of its independent agents through commission and sales incentive arrangements, accessibility and marketing assistance, lead programs, reputation, and market expertise. In order to better compete, Bankers Fidelity actively seeks opportunities in niche markets, developing long-term relationships with a select number of independent marketing organizations promoting worksite marketing and selective association endorsements. Bankers Fidelity has a track record of successfully competing in its chosen markets by establishing relationships with independent agents and providing proprietary marketing initiatives as well as providing outstanding service to policyholders. Bankers Fidelity believes that it competes effectively on the bases of policy benefits, services and market segmentation.





  

Overall company Market Share Q3 2023

Overall company, revenue fell by -3.78 % and company lost market share, to approximately 0.02 %.




<<  More on AAME Market Share.
 
*Market share is calculated based on total revenue.





Who are Atlantic American Corp's Competitors?




Aflac Incorporated
Share Performance



+2.02%
Over The Past 5 Days



Aflac Incorporated
Profile

Aflac Incorporated operates as an insurance company that specializes in offering supplemental insurance products that provide cash benefits for policyholders. The company utilizes a business model that focuses on direct sales through agents, leveraging its brand recognition and reputation to reach customers and provide them with comprehensive insurance coverage options.

More about Aflac Incorporated's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 51,416.676 mill. $ 18,701.000 mill. $ 4,659.000 mill.


Allstate Corp
Share Performance



+25.92%
This Quarter



Allstate Corp
Profile

Allstate Corp's business model is focused on providing various insurance products and related services to customers. The company operates through a network of insurance agents and utilizes data-driven underwriting and pricing strategies to manage risks effectively. Allstate also engages in investments and ventures to expand its business capabilities and diversify revenue streams.

More about Allstate Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 45,294.018 mill. $ 55,470.000 mill. $ -2,383.000 mill.


Aon Plc
Share Performance



+2.12%
Over The Past 5 Days



Aon Plc
Profile

Aon Plc operates as a professional services firm that provides a range of risk, retirement, and health solutions to clients. It offers innovative and tailored solutions to help businesses manage their risks and maximize their opportunities.

More about Aon Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 68,397.928 mill. $ 13,407.000 mill. $ 2,628.000 mill.


Truist Financial Corporation
Share Performance



+5.06%
This Quarter



Truist Financial Corporation
Profile

Truist Financial Corporation operates under a diversified business model providing various financial services to its clients. Primarily focused on consumer and commercial banking, Truist offers a wide range of solutions including lending, investment management, insurance, and wealth management. By combining the strengths of its predecessor banks, the company aims to deliver exceptional service and innovative solutions to help individuals and businesses achieve their financial goals.

More about Truist Financial Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 50,087.339 mill. $ 21,281.000 mill. $ -1,047.000 mill.


Cincinnati Financial Corporation
Share Performance



+17.27%
This Year



Cincinnati Financial Corporation
Profile

Cincinnati Financial Corporation operates as an insurance company offering a range of property and casualty insurance products.

More about Cincinnati Financial Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 19,626.527 mill. $ 10,013.000 mill. $ 1,843.000 mill.


Lincoln National Corporation
Share Performance



+17.26%
This Quarter



Lincoln National Corporation
Profile

Lincoln National Corporation operates as a diversified financial services organization that offers life insurance, retirement planning, and wealth management solutions. Their business model focuses on providing comprehensive financial services and products to individuals, businesses, and institutions, allowing them to achieve financial security and well-being. The company primarily generates revenue through insurance premiums, investment income, and fee-based services, while continually striving to expand and enhance its product offerings to meet evolving customer needs.

More about Lincoln National Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,880.358 mill. $ 11,645.000 mill. $ -752.000 mill.


Metlife Inc
Share Performance



+6.88%
30 Days



Metlife Inc
Profile

Metlife Inc operates as a global provider of insurance, annuities, and employee benefits.

More about Metlife Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 56,503.757 mill. $ 66,905.000 mill. $ 1,602.000 mill.


Principal Financial Group inc
Share Performance



+17.68%
One Year



Principal Financial Group inc
Profile

Principal Financial Group Inc's business model involves providing financial products and services such as retirement plans, insurance, and investment management to individuals, businesses, and institutions.

More about Principal Financial Group inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 21,093.487 mill. $ 13,665.800 mill. $ 670.100 mill.


Prudential Financial Inc
Share Performance



+44.60%
One Year



Prudential Financial Inc
Profile

Prudential Financial Inc operates primarily as a financial services company, offering a wide range of insurance and investment products to individuals and businesses. They generate revenue by providing insurance coverage, asset management, and retirement planning services through their network of financial advisors and institutional clients.

More about Prudential Financial Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 43,336.973 mill. $ 53,979.000 mill. $ 2,508.000 mill.


Unum Group
Share Performance



+8.71%
30 Days



Unum Group
Profile

Unum Group operates as a provider of disability insurance, life insurance, and other employee benefits solutions. Their business model revolves around offering a range of insurance products and services to employers and individuals, aiming to protect their financial well-being in the event of illness, injury, or death.

More about Unum Group's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 10,598.263 mill. $ 12,385.900 mill. $ 1,283.800 mill.


The Cigna Group
Share Performance



+3.24%
Over The Past 5 Days



The Cigna Group
Profile

The Cigna Group operates as a global health service company, offering a range of health insurance products and related services. Through its business model, Cigna aims to provide individuals, employers, and governments with affordable and personalized healthcare solutions, focusing on improving overall health and well-being. They collaborate with healthcare providers and partners to deliver quality care, manage costs, and enhance customer experiences.

More about The Cigna Group's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 107,850.095 mill. $ 195,265.000 mill. $ 5,372.000 mill.


Mbia Inc
Share Performance



+3.36%
Over The Past 5 Days



Mbia Inc
Profile

Mbia Inc's business model focuses on providing financial guarantees and insurance products, particularly in the areas of bond and municipal finance, to clients such as governments, financial institutions, and corporations.

More about Mbia Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 317.786 mill. $ 95.000 mill. $ -407.000 mill.


The Hartford Financial Services Group Inc
Share Performance



+7.78%
30 Days



The Hartford Financial Services Group Inc
Profile

The Hartford Financial Services Group Inc operates as an insurance and financial services company. They provide a diverse range of products and services including property and casualty insurance, life insurance, investment management, and retirement planning solutions.

More about The Hartford Financial Services Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 32,104.536 mill. $ 24,527.000 mill. $ 2,504.000 mill.


Loews Corp
Share Performance



+37.59%
One Year



Loews Corp
Profile

Loews Corp operates as a diversified holding company that focuses primarily on three main business sectors: commercial property and casualty insurance, operation of offshore oil and gas drilling rigs, and hotel ownership and operation.

More about Loews Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17,848.626 mill. $ 15,901.000 mill. $ 1,545.000 mill.


Genworth Financial Inc
Share Performance



+3.54%
30 Days



Genworth Financial Inc
Profile

Genworth Financial Inc's business model revolves around providing insurance and financial solutions, focusing primarily on long-term care insurance, life insurance, mortgage insurance, and annuities. Their aim is to help individuals and families protect themselves financially, manage risks, and plan for the future.

More about Genworth Financial Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,889.642 mill. $ 7,488.000 mill. $ 139.000 mill.


Berkshire Hathaway Inc
Share Performance



0.00%
This Year



Berkshire Hathaway Inc
Profile

Berkshire Hathaway Inc's business model is primarily focused on investing in diverse companies across various industries.

More about Berkshire Hathaway Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 492,047.103 mill. $ 349,271.000 mill. $ 77,710.000 mill.


International Bancshares Corporation
Share Performance



+5.42%
This Quarter



International Bancshares Corporation
Profile

International Bancshares Corporation operates as a bank holding company, providing various banking services to individuals, businesses, and international clients through its subsidiaries. Its business model revolves around generating revenue through interest and fees derived from a range of financial products and services, including commercial and consumer loans, deposits, wealth management, and other related banking activities.

More about International Bancshares Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,350.125 mill. $ 798.866 mill. $ 411.768 mill.


Old National Bancorp
Share Performance



+4.14%
30 Days



Old National Bancorp
Profile

Old National Bancorp is a financial holding company that primarily operates through its subsidiary, Old National Bank. It offers a range of banking services, including commercial and consumer banking, mortgage lending, wealth management, and insurance products, catering to individual customers, small businesses, and large corporations.

More about Old National Bancorp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,920.622 mill. $ 1,777.608 mill. $ 581.992 mill.


Trustmark Corp
Share Performance



+6.82%
One Year



Trustmark Corp
Profile

Trustmark Corp operates as a financial services company, offering banking, insurance, wealth management, and other related services. Their business model focuses on providing diverse financial solutions to individuals, businesses, and institutions through their various subsidiaries and segments, aiming to meet the diverse needs of their customers.

More about Trustmark Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,655.875 mill. $ 735.042 mill. $ 95.303 mill.


Leaf Group Ltd
Share Performance



0.00%
One Year



Leaf Group Ltd
Profile

Leaf Group Ltd operates as a digital media and marketplace company with a diversified business model. Leveraging its online platforms and brands, Leaf Group generates revenue through advertising, sponsorship, and partnerships, while also offering content licensing, e-commerce, and marketplace services. By providing various digital solutions and platforms, the company aims to connect consumers, brands, and creators within a robust online ecosystem.

More about Leaf Group Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 303.806 mill. $ 231.103 mill. $ -4.479 mill.


Security National Financial Corporation
Share Performance



-15.71%
This Year



Security National Financial Corporation
Profile

Security National Financial Corporation operates as a financial and deathcare services provider. They offer insurance, mortgage loans, funeral services, and cemetery plots to individuals and families, serving as a one-stop solution for various financial and end-of-life needs.

More about Security National Financial Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 173.978 mill. $ 351.771 mill. $ 32.874 mill.


Cno Financial Group Inc
Share Performance



-0.44%
Over The Past 5 Days



Cno Financial Group Inc
Profile

CNO Financial Group Inc's business model revolves around providing insurance products and services to customers.

More about Cno Financial Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,106.017 mill. $ 4,146.800 mill. $ 276.500 mill.


Triple s Management Corporation
Share Performance



+0.93%
Over The Past 5 Days



Triple s Management Corporation
Profile

Triple S Management Corporation is a health insurance company that operates as an independent licensee of the Blue Cross Blue Shield Association. The company's business model focuses on providing health insurance coverage to individuals and employers in Puerto Rico. Triple S Management Corporation collects premiums from policyholders and uses those funds to pay for medical expenses and administrative costs.

More about Triple s Management Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 839.801 mill. $ 4,115.220 mill. $ 81.171 mill.


Partnerre Ltd
Share Performance



0.00%
This Quarter



Partnerre Ltd
Profile

PartnerRe Ltd is a reinsurance company that operates on a business-to-business model. It provides risk management solutions to insurance companies globally through underwriting, investment services, and capital preservation strategies. The company generates revenue by charging premiums to its clients in exchange for assuming a portion of their insurance risk.

More about Partnerre Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 9,122.836 mill. $ 2,318.119 mill.


American National Group Inc
Share Performance



+0.14%
This Quarter



American National Group Inc
Profile

American National Group Inc operates as a diverse financial services company, offering insurance and investment products to individuals and businesses. They generate revenue by selling insurance policies and investment products, aiming to provide financial protection and growth opportunities to their customers.

More about American National Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,108.638 mill. $ 4,299.307 mill. $ 639.890 mill.


Citizens Inc
Share Performance



-22.79%
This Year



Citizens Inc
Profile

Citizens Inc operates as a life insurance company, providing various life insurance policies and annuities to individuals and businesses. The company generates revenue through premiums paid by policyholders and invests these funds to generate income and cover claims.

More about Citizens Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 106.912 mill. $ 240.680 mill. $ 24.437 mill.


Fbl Financial Group Inc
Share Performance



+7.47%
This Quarter



Fbl Financial Group Inc
Profile

FBL Financial Group Inc operates as a holding company for its subsidiary, Farm Bureau Life Insurance Company. Their business model is focused on providing life insurance and annuity products, primarily targeting rural and agricultural communities. FBL Financial Group distributes its products through a network of exclusive agents who are members of Farm Bureau organizations, aiming to offer personalized service and financial protection to their policyholders.

More about Fbl Financial Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,493.985 mill. $ 788.428 mill. $ 102.893 mill.


First Trinity Financial Corp
Share Performance



0.00%
This Quarter



First Trinity Financial Corp
Profile

First Trinity Financial Corp operates as a comprehensive financial services company that caters to individuals and businesses alike. The company offers a broad range of services including investment management, insurance products, and financial planning. By providing personalized solutions, First Trinity aims to assist clients in achieving their financial goals while providing top-notch customer service.

More about First Trinity Financial Corp 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 75.756 mill. $ 7.915 mill.


National Security Group Inc.
Share Performance



0.00%
30 Days



National Security Group Inc.
Profile

National Security Group Inc.'s business model involves providing insurance products and services to individuals and businesses, with a focus on property and casualty insurance.

More about National Security Group Inc.'s Market Share

Market Cap. Revenues TTM Net Income TTM
$ 41.460 mill. $ 66.131 mill. $ 0.823 mill.


National Western Life Group Inc
Share Performance



+1.21%
30 Days



National Western Life Group Inc
Profile

National Western Life Group Inc operates as a diversified insurance holding company. It primarily engages in the provision of life insurance products, annuity products, and investment products. The company primarily sells its products to the upper-middle and upper-income individuals and families residing in all 50 states and the District of Columbia through independent insurance agents and brokers.

More about National Western Life Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,736.964 mill. $ 639.354 mill. $ 128.424 mill.


Utg Inc
Share Performance



0.00%
30 Days



Utg Inc
Profile

Utg Inc's business model involves designing, manufacturing, and distributing a range of products in various industries.

More about Utg Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 98.253 mill. $ 44.797 mill. $ 16.235 mill.


Voya Financial Inc
Share Performance



+0.46%
Over The Past 5 Days



Voya Financial Inc
Profile

Voya Financial Inc is a financial services company that primarily operates in retirement planning, asset management, and insurance services. Its business model focuses on providing individuals and institutions with a wide range of products and services to help them achieve their financial goals. Through its various offerings, Voya aims to support clients in planning for retirement, managing investments, and protecting their financial well-being.

More about Voya Financial Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 7,795.013 mill. $ 7,348.000 mill. $ 729.000 mill.


China United Insurance Service Inc
Share Performance



0.00%
This Year



China United Insurance Service Inc
Profile

China United Insurance Service Inc (CUIS) operates as an insurance agency in China, offering a wide range of insurance products and services to individuals and businesses. Their business model involves acting as an intermediary between insurance providers and customers, assisting in the purchase, renewal, and claims settlement processes.

More about China United Insurance Service Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 46.035 mill. $ 134.740 mill. $ 15.907 mill.


Horace Mann Educators Corporation
Share Performance



-0.55%
30 Days



Horace Mann Educators Corporation
Profile

Horace Mann Educators Corporation operates as a national insurance and financial services company that specializes in providing tailored insurance solutions and retirement annuities to educators and their families.

More about Horace Mann Educators Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,489.541 mill. $ 1,491.900 mill. $ 45.000 mill.


United Fire Group Inc
Share Performance



+5.39%
This Year



United Fire Group Inc
Profile

United Fire Group Inc is a property and casualty insurance company that employs an agent-based business model. Agents are responsible for generating policy sales and maintaining customer relationships, while the company provides underwriting, claims processing, and policy services to support the agents and policyholders. The company earns revenue through premiums collected from policyholders, which they use to cover losses and expenses while aiming to achieve profitable growth.

More about United Fire Group Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 550.467 mill. $ 1,174.216 mill. $ 36.375 mill.


White Mountains Insurance Group ltd
Share Performance



-0.16%
30 Days



White Mountains Insurance Group ltd
Profile

White Mountains Insurance Group ltd operates as a holding company that provides insurance and reinsurance services. It primarily focuses on acquiring and managing a portfolio of specialty property and casualty insurance companies.

More about White Mountains Insurance Group ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 2,166.700 mill. $ 580.900 mill.


Midwest Holding Inc
Share Performance



+2.98%
This Quarter



Midwest Holding Inc
Profile

Midwest Holding Inc operates as a specialty property and casualty insurance holding company, providing insurance products focused on niche markets. Their business model involves acquiring and managing insurance companies to generate long-term and sustainable value for shareholders.

More about Midwest Holding Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 102.328 mill. $ 37.468 mill. $ 1.059 mill.



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