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Schedule III SUPPLEMENTARY INSURANCE INFORMATION
12 Months Ended
Dec. 31, 2023
Schedule III SUPPLEMENTARY INSURANCE INFORMATION [Abstract]  
Schedule III SUPPLEMENTARY INSURANCE INFORMATION

Schedule III
Page 1 of 2

ATLANTIC AMERICAN CORPORATION AND SUBSIDIARIES
SUPPLEMENTARY INSURANCE INFORMATION

Segment
 
Deferred
Acquisition
Costs
   
Future Policy
Benefits,
Losses,
Claims and
Loss
Reserves
   
Unearned
Premiums
   
Other Policy
Claims and
Benefits
Payable
 
   
(In thousands)
 
December 31, 2023:
                       
Bankers Fidelity
 
$
41,150
   
$
116,141
   
$
2,561
   
$
1,132
 
American Southern
   
2,700
     
63,832
     
28,756
     
 
   
$
43,850
   
$
179,973
(1) 
 
$
31,317
   
$
1,132
 
                                 
December 31, 2022:
                               
Bankers Fidelity
 
$
39,880
   
$
110,238
   
$
2,814
   
$
1,255
 
American Southern
   
2,401
     
62,810
     
25,534
     
 
   
$
42,281
   
$
173,048
(2) 
 
$
28,348
   
$
1,255
 

(1)
Includes future policy benefits of $92,495 and losses and claims of $87,478.
(2)
Includes future policy benefits of $85,564 and losses and claims of $87,484.
Schedule III
Page 2 of 2

ATLANTIC AMERICAN CORPORATION AND SUBSIDIARIES
SUPPLEMENTARY INSURANCE INFORMATION

Segment
 
Premium
Revenue
   
Net
Investment
Income (Loss)
   
Benefits,
Claims,
Losses and
Settlement
Expenses
   
Amortization
of Deferred
Acquisition
Costs
   
Other
Operating
Expenses
   
Casualty
Premiums
Written
 
   
(In thousands)
 
December 31, 2023:
                                   
Bankers Fidelity
 
$
110,382
   
$
5,755
   
$
71,485
   
$
8,050
   
$
29,942
   
$
 
American Southern
   
68,443
     
4,507
     
51,015
     
8,390
     
8,356
     
71,665
 
Corporate & other
   
     
(204
)
   
     
     
10,120
     
 
   
$
178,825
   
$
10,058
   
$
122,500
   
$
16,440
   
$
48,418
   
$
71,665
 
                                                 
December 31, 2022:
                                               
Bankers Fidelity
 
$
115,164
   
$
5,414
   
$
76,281
   
$
9,295
   
$
24,627
   
$
 
American Southern
   
70,276
     
4,147
     
47,175
     
10,150
     
10,011
     
72,671
 
Corporate & other
   
     
371
   
     
     
8,216
     
 
   
$
185,440
   
$
9,932
   
$
123,456
   
$
19,445
   
$
42,854
   
$
72,671