American Overseas Group Ltd
OTC:AOREF
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American Overseas Group Ltd
American Overseas Group Ltd. is an insurance company, which provides insurance services. The firm is a writer of non-standard auto insurance through its United States subsidiaries. The company operates through three segments: property/casualty insurance and reinsurance, financial guaranty and corporate/other. The property/casualty segment provides insurance and reinsurance primarily related to the United States short-tail personal lines. The financial guaranty segment includes American Overseas Reinsurance Company Limited's (AORE) financial guaranty operations, which are in run-off, and it has no plans to re-enter. The company also operates as a professional reinsurer through subsidiaries in Bermuda and Barbados. The company provides management services in the United States and offers captive management services in Bermuda and Barbados. The firm's property casualty insurance subsidiaries, Old American County Mutual Fire Insurance Company (OACM) and OA Indemnity, produce business through unrelated managing general agencies.
American Overseas Group Ltd. is an insurance company, which provides insurance services. The firm is a writer of non-standard auto insurance through its United States subsidiaries. The company operates through three segments: property/casualty insurance and reinsurance, financial guaranty and corporate/other. The property/casualty segment provides insurance and reinsurance primarily related to the United States short-tail personal lines. The financial guaranty segment includes American Overseas Reinsurance Company Limited's (AORE) financial guaranty operations, which are in run-off, and it has no plans to re-enter. The company also operates as a professional reinsurer through subsidiaries in Bermuda and Barbados. The company provides management services in the United States and offers captive management services in Bermuda and Barbados. The firm's property casualty insurance subsidiaries, Old American County Mutual Fire Insurance Company (OACM) and OA Indemnity, produce business through unrelated managing general agencies.
