Seon Place, 141 Front Street, 3rd Floor, Hamilton HM 19, Bermuda
Listed Since: 2020/03/26
Delisted on: 2023/05/02
Tel: 441 294 8096

American Overseas Group Limited is a Bermuda based insurance holding company that is tax resident in the United Kingdom. It was formed on 28 January 1998 with registration number EC24451. The Issuer was formed in Bermuda in 1998. Initially, it conducted all of its operations through American Overseas Reinsurance Company Limited (“AORE”) 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.

The AORE business continues to run off satisfactorily. As of the fourth quarter of 2018, insured par has declined to $1.5 billion. In October 2014 American Overseas Group acquired Orpheus Group Ltd (“OGL”).

OGL is a specialty writer of non-standard auto business in the U.S. In addition, OGL provides specialty risk transfer, reinsurance and management services through its operating subsidiaries in the U.S., Bermuda and Barbados. OGL derives the vast majority of its income from management fees earned in connection with providing these services. The acquisition completed the Issuer’s transition to a property & casualty insurance holding company. The Issuer currently has 8 subsidiaries.




08:30-09:00 Price Discovery Exchange House
09:00-16:30 Continuous Trading 110 Pitts Bay Road
  Pembroke, Bermuda
TEL: +1 (441) 292 7212 P.O. Box HM 1369
FAX: +1 (441) 292 7619 Hamilton HMFX
Contact Us (  
The information contained in these pages has been obtained from sources which The Bermuda Stock Exchange believes are reliable. However, the accuracy of the information cannot and is not guaranteed and The Bermuda Stock Exchange makes no representation as to its accuracy or completeness. Neither this Web site, nor any information contained herein, constitutes advice or a solicitation to subscribe, purchase or sell any securities. The Bermuda Stock Exchange expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this site or any external sites referenced from this website.