American Overseas Group Limited Announces Appointment of Executive Vice President and General Counsel

American Overseas Group Limited Announces Appointment of Executive Vice
President and General Counsel

HAMILTON, Bermuda, May 15, 2014 (GLOBE NEWSWIRE) -- American Overseas Group
Limited (BSX:AORE.BH) (Pink Sheets:AORE.PK) ("AOG" or the "Company") today
announced that Patricia A. Ryan has been appointed Executive Vice President
and General Counsel of the Company effective as of May 14, 2014. Ms. Ryan is
also Executive Vice President and General Counsel of Old American Capital
Corporation, and related entities.

With over twenty years of legal and insurance experience, Ms. Ryan has held
positions of Vice President and Assistant General Counsel at QBE Insurance
Company, as well as Senior Counsel and Managing Director at Allianz/Fireman's
Fund. Ms. Ryan was a Partner at Cassiday Schade LLP in Chicago, Illinois, for
a number of years. Ms. Ryan received her undergraduate degree from the
University of Illinois and her law degree from Loyola University of Chicago.
Ms. Ryan is a member of the State Bar of Texas, New York and Illinois and the
District Court for the Northern District of Illinois.

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 www.aoreltd.com.

CONTACT: American Overseas Group Limited
         info@aoreltd.com
 
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