Ronald J Klein

Author:

Ronald Klein

ISBN #:

3429016800

US Patent:

7752063, Jul 6, 2010

Filed:

Jul 29, 2004

Appl. No.:

10/903897

Inventors:

Ronald Klein - Closter NJ, US
Brian Lo - Hoboken NJ, US

Assignee:

Swiss Reinsurance Company - Zurich

International Classification:

G06Q 40/00

US Classification:

705 4

Abstract:

Methods and apparatus, including computer systems, are provided for securitizing a mortality risk. A premium is received by an issuer from a counterparty, and the issuer provides coverage of a mortality risk to the counterparty. An investment is received by the issuer from an investor, and the issuer provides a risk instrument to the investor. The risk instrument provides a contingent return of the investment to the investor, where if a first condition is satisfied then the entire investment is returned, if a second condition is satisfied then none of the investment is returned, and if neither the first nor the second conditions are satisfied then a portion of the investment is returned. The first and second conditions are related to the mortality risk.

US Patent:

20030018533, Jan 23, 2003

Filed:

Jul 17, 2001

Appl. No.:

09/907300

Inventors:

Ronald Klein - Yorktown Heights NY, US

International Classification:

G06F017/60

US Classification:

705/020000

Abstract:

A method includes providing a golf course with flags decorated with advertising from multiple advertisers, who are willing to purchase the rights to place their advertising on flags marking holes on the golf course in return for submitting funds to the golf course.