Atlantic American Corporation
Atlantic American Corporation (NASDAQ: AAME) is trading at $1.30, about ₹125 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.76% today. Indian residents can buy Atlantic American from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$1.28
Today's high
$1.31
52 week low
$1.25
52 week high
$3.24
AAME opened at $1.30, closed previously at $1.31, and has traded between $1.25 and $3.24 over the past 52 weeks.
About
Atlantic American Corporation (AAME) is an insurance holding company that, through its subsidiaries, delivers a diverse range of life, health, and property & casualty insurance offerings throughout the United States. Its operations are segmented into American Southern and Bankers Fidelity. Within its property and casualty division, AAME underwrites commercial auto coverage tailored for state and local government agencies, as well as various motor pool and fleet operators. This division also furnishes inland marine and general liability insurance. Additionally, it offers surety bonds, including those for subdivision development, school bus service contracts, and guarantees of performance and payment. Furthermore, the company's life and health insurance portfolio encompasses both individual and group whole life policies, alongside Medicare supplement plans. It also extends a suite of additional accident and health coverages. These include specific individual and group policies providing benefits for diagnosed cancer and other critical illnesses, as well as policies for short-term nursing facility care, accident expenses, hospital indemnity, and disability protection. Distribution of its diverse product lines is managed through a network of independent agents and brokers. Established in 1937, Atlantic American Corporation maintains its corporate headquarters in Atlanta, Georgia.
Key statistics
Avg. volume
49.33K
Market cap
$26.52M
P/E Ratio
5.83
Price-to-sales ratio
0.17
Enterprise value
$33.61M
Free cash flow yield
14.56%
Debt-to-equity ratio
0.34
Return on equity
-4.28%
ROIC
-11.20%
Beta
0.78
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$188.23M
Earnings per share
-$0.23
Free cash flow
$4.58M
Net profit margin
2.95%
Gross margin
21.32%
EBITDA
-$1.48M
Revenue growth
0.77%
Similar securities
This is not an investment recommendation
How to buy Atlantic American from India
Indian residents can buy Atlantic American shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Atlantic American and place an order
Find Atlantic American by name or by its ticker, AAME, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Atlantic American trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Atlantic American position in USD and INR. Atlantic American pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Atlantic American from India
Trading and taxes when buying Atlantic American from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneAtlantic American does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Atlantic American stock?
Yes. Atlantic American (AAME) has been listed on NASDAQ since 1980, in the Insurance - Life industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Atlantic American share cost in rupees?
One Atlantic American share is $1.30 — about ₹125 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Atlantic American price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Atlantic American from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Atlantic American?
Yes. One Atlantic American share is $1.30, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Atlantic American.
How are gains on Atlantic American shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Atlantic American price. Paasa issues a capital-gains statement for your return.
Does Atlantic American pay a dividend?
No. Atlantic American does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Atlantic American from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Atlantic American shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Atlantic American shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Atlantic American holding, its cost and its closing value.
How do I sell Atlantic American and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.