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Post by hundredtoone on Aug 19, 2008 10:06:06 GMT -5
19 Aug 2008, 10:20 AM EDT Msg. 753057 of 753060 Jump to msg. # Registration Service Provided By: ABOVE.COM DOMAIN PRIVACY. Contact: +613.95897946 Domain Name: CMKXSETTLEMENTADMINISTRATION.COM Registrant: Transure Enterprise Ltd Host Master () Mill Mall Suite 6 PO Box 3085 Wickhams Cay 1 Road Town Tortola Tortola,3085 VG Tel. +1.5016482820 Fax. +1.5016482820 Creation Date: 19-May-2008 Expiration Date: 19-May-2009 Domain servers in listed order: pns2.trellian.com pns1.trellian.com Domain servers in listed order: pns2.trellian.com pns1.trellian.com Administrative Contact: Transure Enterprise Ltd Host Master () Mill Mall Suite 6 PO Box 3085 Wickhams Cay 1 Road Town Tortola Tortola,3085 VG Tel. +1.5016482820 Fax. +1.5016482820 Technical Contact: Transure Enterprise Ltd Host Master () Mill Mall Suite 6 PO Box 3085 Wickhams Cay 1 Road Town Tortola Tortola,3085 VG Tel. +1.5016482820 Billing Contact: Transure Enterprise Ltd Host Master () Mill Mall Suite 6 PO Box 3085 Wickhams Cay 1 Road Town Tortola Tortola,3085 VG Tel. +1.5016482820 Fax. +1.5016482820 Status:ACTIVE ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=753057...Flying Moose(cmkxunofficial) |
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Post by hundredtoone on Aug 19, 2008 10:06:35 GMT -5
The population of Tortola is 23,908. The principal settlement is Road Town, the capital of the British Virgin Islands. Financial services are the main source of income to the island. The hugely popular International Business Companies Act, passed in the early 1980s, led to huge growth in government revenue. BVI residents are amongst the most affluent in the Eastern Caribbean. Because of this, a large number of residents from other Caribbean islands work there. Even though the British Virgin Islands (BVI) are under the British flag, the U.S. dollar is the official currency. The island is home to many offshore companies that do business worldwide. Visitors either arrive by boat or fly to Beef Island and drive across the short Queen Elizabeth Bridge to Tortola. White-sand beaches, such as Cane Garden Bay, are popular attractions. Cane Garden Bay also offers an abyss of surfing potential if you catch it on the right tide and swell. Located Just north of Apple Bay (a second good break that can hold swell significally longer than Cane Garden), Cane Garden Bay is a large bay that is usually filled with boats and activities. However, access to the spot is relatively easy. Park in the dirt lot located on the right side and walk out on the dock. en.wikipedia.org/wiki/Tortola...Flying Moose(ccmkxunofficial) |
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Post by hundredtoone on Aug 19, 2008 10:07:32 GMT -5
Put simply, Reg. S is how penny-stock promoters set themselves up for a killing by selling unregistered and otherwise illegal stock to foreigners under a misguided 1990 amendment to the Securities Act of 1933 known as "Regulation S." Though the funds hide their tracks well, folks familiar with the offshore hedge fund game say that funds based in places like Tortola and Switzerland are becoming increasingly important customers of worthless Reg. S shares, which they dump back onto the U.S. market as soon as it is legal to sell the shares. Yet before getting into the specifics, first some background as to what Regulation S actually is, and why it was enacted in the first place. So-called Reg. S was adopted, in a fit of deregulation excitement at the start of the 1990s, to let U.S. companies sell stock quickly and cheaply to foreign investors, without having to go through the time-consuming and costly work of filing an SEC registration statement to sell the shares directly into the U.S. market. Now we'll just sidestep the question of why Washington apparently thought foreign buyers were some kind of lower life form who didn't warrant the protections of full financial disclosure given to U.S. investors, and we'll simply note that because of the way the law was written, penny-stock promoters quickly came running. Reg. S became a way for them to sell worthless microcap stock to foreigners, who could then sell it right back to gullible Americans. Since the law's enactment in 1990, the SEC has tried periodically to crack down on such practices, and in 1997 it amended the rule to require investors in Reg. S shares to hold them for a full year before being allowed to resell them to U.S. investors. But extending the holding period hasn't really changed much of anything, as evidenced by the thriving business that continues unabated in Reg. S offerings. A search of the SEC electronic database reveals that more than two dozen obscure and troubled companies on the OTC Bulletin Board sold Reg. S shares to foreign investors last year. And that sum doesn't include the countless more companies that are so small and obscure they aren't even registered with the SEC, yet they continue to use Reg. S - entirely legally - to flood overseas markets with stock that cannot be sold in the United States at all. www.rgm.com/articles/nypost2.html...Flying Moose(cmkxunofficial) |
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Post by hundredtoone on Aug 19, 2008 11:09:46 GMT -5
Transurance
Transurance is an innovation at non-catastrophic levels akin to parametric insurance at catastrophic level according to K C Mishra, the Director of National Insurance Academy, Pune, India. Although businesses spend huge amount annually on property and casualty insurance premiums (In 2005-06 this amount may exceed 1500 billion dollars globally), insured loss recoveries are becoming a smaller portion of the economic costs of insured events. In effect, losses that are collateral to insurable events are becoming larger.
Transurance eliminates complex coverage definitions and loss adjustment processes by defining its coverage as a percentage of the loss recoveries under selected traditional insurance policies. This approach enables the insured to express its view of the relationship between insurable losses and collateral losses as a proportion of the underlying loss recovery. In short, Transurance makes uninsurable losses insurable, in a way that is effective and efficient, and helps insureds deal with the full impact of loss events. By supplementing insurance with Transurance, insurance recoveries will more closely resemble the total economic loss of insured events. Transurance may be substituted for ambiguous policy wording in traditional insurance so as to eliminate coverage disputes.
For the insurer, Transurance represents an opportunity to write more insurance with less transaction costs, since the underwriting effort is minimal and claims adjustment expenses are all but eliminated. The transparency, liquidity, and accessibility are the features Transurance wants to achieve for relatively opaque collateral losses.
To Transure collateral losses, a company must create a relationship between the amount of collateral losses and the size of the insurance recovery it is likely to receive. For example, if a company believes it will have uninsurable collateral losses equal to 20% of the amount it recovers from its insurance policy, it can purchase a Transurance policy that pays 20% of the amount that its insurance policy pays to create a budget for collateral losses.
Transurance enables the insured and the insurer to agree in advance how large the collateral losses will be in relation to the amount of the proceeds from an underlying property or casualty policy. By predefining this relationship, business continuity costs that are coincident to insured losses but aren't covered by traditional insurance because they are too difficult to define or substantiate can now be insured.
In an interdependent economy where supply is on demand, not stockpiled, the adverse effects of large property and casualty losses are frequently magnified and systemic. Absent immediate assurance of business continuity, stakeholders will disengage and form other business relationships. Providing assurance requires financial resources that go beyond traditional insurance. Transurance gives companies an opportunity to leverage the financial efficiency of conventional insurance and helps assure business continuity.
Parametric Insurance and Transurance are complementary. Transurance usage is likely to step out of property and casualty insurance to all areas of insurance, reinsurance and even life insurance and annuity insurance.
Retrieved from "http://en.wikipedia.org/wiki/Parametric_insurance"
...Flying Moose(cmkxunofficial)
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Post by hundredtoone on Aug 19, 2008 11:34:03 GMT -5
Risk Innovations, LLC announced today the introduction of Transurance," an innovative new class of insurance for losses that are collateral to insurable losses. TRUMBULL, CT (PRWEB) December 14, 2004 -- Although U.S. businesses spend more than $250 billion annually on property and casualty insurance premiums, insured loss recoveries are becoming a smaller portion of the economic costs of insured events," said Bruce Thomas, President of Risk Innovations. In effect, losses that are collateral to insurable events are becoming larger." Transurance eliminates complex coverage definitions and loss adjustment processes by defining its coverage as a percentage of the loss recoveries under selected traditional insurance policies. This approach enables the insured to express its view of the relationship between insurable losses and collateral losses as a proportion of the underlying loss recovery. In short, Transurance makes uninsurable losses insurable, in a way that is effective and efficient, and helps insureds deal with the full impact of loss events. By supplementing insurance with Transurance, insurance recoveries will more closely resemble the total economic loss of insured events," said Thomas. Moreover, Transurance may be substituted for ambiguous policy wording in traditional insurance so as to eliminate coverage disputes. For the insurer, Transurance represents an opportunity to write more insurance with less transaction costs, since the underwriting effort is minimal and claims adjustment expenses are all but eliminated. Transurance is the first important insurance product for which patents are pending on the underlying underwriting and loss adjustment methods. [glow=red,2,300]Risk Innovations is currently in discussions with large insurers, insurance brokers, and risk managers. [/glow] We intend to use our patent rights to assure that the Transurance market develops in a way that benefits all market participants," said Ware Preston, Risk Innovations Vice President. The transparency, liquidity, and accessibility that we want this market to achieve are more important than ever." Risk Innovations will be presenting Transurance at an invitation-only roundtable discussion co-sponsored by Palmer & Cay on January 25th. More information about this event is available by contacting Anne Webb at 212-490-2157. Risk Innovations, LLC helps find and promote solutions to complex business issues. More information about Transurance can be found on the companys web site at www.riskinnovations.info. Ranked as one of the nation's leading professional services firms, Palmer & Cay's mission is to provide creative solutions in the areas of insurance, risk management, employee benefits, compensation and investments. More information about Palmer & Cay can be found on the companys web site at www.palmercay.com. ### See the original story at: www.prweb.com/releases/2004/12/prweb187432.htm ...Flying Moose(cmkxunofficial) |
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Post by beckins on Aug 19, 2008 11:34:11 GMT -5
so someone paid the $30.00 to register that domain name....interesting.....what else ya got??
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Post by hundredtoone on Aug 19, 2008 11:41:20 GMT -5
Transure paid $30 for that domain name...registered in Tortola...offshore ...where HEDGE HOGS live...so I got interested in the name TRANSURE that is where I was going with this thread...everyone must decide for themselves if it is relevant or not...I just post em...if anyone can add anything feel free...Flying Moose(cmkxunofficial)
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Post by JoeRockss on Aug 20, 2008 6:22:14 GMT -5
Interesting
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