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Life & Health Insurance M&A image Life & Health Insurance M&A » By The Online Investor Staff, updated Sat., Aug. 13, 11:05 AM Recent mergers and acquisitions in the Life & Health Insurance M&A category.

Slide #5. Atlantic American Corporation Direct Life Insurance Company

Acquirer: Atlantic American Corporation (NASDAQ:AAME)
Acquiree: Direct Life Insurance Company
Details: Atlantic American Corporation (Nasdaq:AAME) today announced that it has closed on its acquisition of Direct Life Insurance Company ("DLIC"), formerly a non-active subsidiary of Direct General Insurance Company. In connection with the acquisition, DLIC's name is being changed to Bankers Fidelity Assurance Company.

Atlantic American is a holding company. Through its subsidiaries, Co. operates in markets within the life and health and property and casualty insurance industries. Co.'s principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company, comprise Co.'s property and casualty operations and its primary product lines include business automobile insurance, general liability insurance, and surety bonds. Co.'s other operating subsidiaries, Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company, comprise the life and health operations of Co. and provides a variety of life and supplemental health products.

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Company Name: 
Atlantic American Corp.
Stock buyback: 
AAME buyback
Website: 
www.atlam.com
Sector: 
Life & Health Insurance
Number of ETFs Holding AAME: 
4
Total Market Value Held by ETFs: 
$2.33B
Total Market Capitalization: 
$59.00M
% of Market Cap. Held by ETFs: 
3956.34%
 

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