Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Insurance
Reexamination Certificate
2008-02-22
2011-11-29
Dass, Harish T. (Department: 3695)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Insurance
C705S035000, C705S03600T, C705S037000, C705S038000, C705S056000, C705S057000
Reexamination Certificate
active
08069065
ABSTRACT:
In order to mitigate risk of satellite investment loss, a satellite loss event or failure event for a satellite that will be operated by a satellite operator company is identified. Financial investors in the satellite operator company are identified. Actuarial data corresponding to prior satellite loss events or failure events substantially corresponding to the satellite loss event or failure event are identified. An investment loss mitigation insurance policy based at least in part on the identified actuarial data is developed. The investment loss mitigation insurance policy is offered to the identified financial investors. Premiums are received from financial investors that subscribe to the investment loss mitigation insurance policy, and the investment loss mitigation insurance policy is placed with an underwriting pool in exchange for at least a portion of the received premiums.
REFERENCES:
patent: 6192347 (2001-02-01), Graff
patent: 7386463 (2008-06-01), McCabe
patent: 7587325 (2009-09-01), Scott
patent: 2002/0010684 (2002-01-01), Moskowitz
patent: 2003/0028456 (2003-02-01), Yolles
patent: 2005/0251478 (2005-11-01), Yanavi
Insurance Firms Hire NASA to Find Two Satellites; Wall Street Journal; New York, NY.; Oct. 23, 1984.
Shapiro, Stacy “Abundance of capacity reducing satellite rates”; Business Insurance; May 5, 1997, vol. 31 Issue 18, p. 32.
International Search Report PCT/US08/05231, Jul. 14, 2008.
Dass Harish T.
Milbank Tweed Hadley & McCloy LLP
LandOfFree
System and method for managing investment risk in satellite... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System and method for managing investment risk in satellite..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for managing investment risk in satellite... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4282481