American Overseas Group Limited reports consolidated earnings results for the year ended December 31, 2020. The company reported consolidated net loss available to common shareholders of $5.0 million, or $106.53 per diluted share, for the year ended December 31, 2020. This compares to consolidated net loss available to common shareholders of $3.7 million, or $80.13 per diluted share, for the year ended December 31, 2019. For the year ended December 31, 2020, the Company had an operating loss of $22.4 million, or $476.64 per diluted share, compared to an operating loss of $9.1 million, or $196.78 per diluted share for the year ended December 31, 2019. Loss and loss adjustment expenses as a percentage of earned premium increased from 41.9% to 56.5% primarily due to both lower favorable prior year loss and loss adjustment expense development and higher loss and loss adjustment expense on current accident year claims, however underwriting income increased from $0.4 million to $1.9 million driven by higher earned premiums.