American Overseas Group Limited Announces Appointment of Chief Financial Officer

HAMILTON, Bermuda, Jan. 14, 2014 (GLOBE NEWSWIRE) -- American Overseas Group Limited (BSX:AORE) (Pink Sheets:AORE) ("AOG" or the "Company") today announced that Rochelle P. Fyfe, CFO of Orpheus Group, Ltd., has been appointed Chief Financial Officer of the Company effective as of January 14, 2014. Ms. Fyfe is currently a director of the Company. Ms. Fyfe has held positions of Senior Manager at KPMG as well as Vice President of Finance and Controller for both publicly traded and privately held insurance companies. Ms. Fyfe is a Certified Public Accountant with twenty-five years of experience in the insurance industry.

Information About the Company

American Overseas Group Limited is a Bermuda-based holding company. Its operating subsidiary, American Overseas Reinsurance Company Ltd., is a property/casualty reinsurance company that currently writes short tail non-catastrophe property/casualty reinsurance and historically wrote financial guaranty reinsurance for U.S. and international public finance and structured finance transactions. The Company's financial guaranty reinsurance business is in run-off. More information can be found at

CONTACT: American Overseas Group Limited info@aoreltd.comSource:American Overseas Group, Ltd.