AMERICAN OVERSEAS GROUP

American Overseas Group Limited is a Bermuda based insurance holding company that is tax resident in the United Kingdom. The Company writes non-standard auto insurance through its U.S. subsidiaries. The Company also operates as a reinsurer through a subsidiary in Barbados and provides management services in the U.S... American Overseas Group Limited was formed in Bermuda in 1998. Initially, the Company conducted all of its operations through American Overseas Reinsurance Company Limited which was also formed in Bermuda in 1998. AORE operated as a mono-line financial guarantee reinsurance company for approximately ten years. AORE's insured par peaked at $48.7 billion in early 2008. In connection with the financial crisis, AORE ceased writing financial guarantee business and entered voluntary run-off in early 2009. By the end of 2012 insured par had declined to $9.2 billion, at which time AORE re-domesticated to Barbados and emerged from run-off as a Property & Casualty reinsurance..

Also known as: American Overseas Group Limited, AOG, AORE