Patents by Inventor Juerg Trueb

Juerg Trueb has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20160292791
    Abstract: A method and system for forecasting the value of a structured financial product, which can be a weather-based structured financial product. The method and system calculate a forecast value based on forecasted weather data for a defined time period in a defined geographical area, calculate reference weather data from historical data for the defined time, and the defined geographical area, and calculate a quality indicator, indicative of a forecasting quality associated with the forecasted weather data, based on the forecasted weather data and the reference weather data.
    Type: Application
    Filed: June 16, 2016
    Publication date: October 6, 2016
    Applicant: Swiss Reinsurance Company
    Inventors: Adrian LUESSI, Juerg TRUEB
  • Patent number: 8126802
    Abstract: In a computer system and in a computer-implemented method for managing financial funding of a finite insurance policy provided by an insurer to an insured, a fixed amount of the financial funding is stored as an amount payable by the insured for a calculation period. In addition, a variable amount of the financial funding is calculated based on defined conditions and the variable amount is stored as an amount payable by the insured for the calculation period. Preferably, an index value based on a volatile indicator is stored. Depending on the index value, it is determined whether the variable amount is payable by the insured or whether an insured loss is payable by the insurer to the insured for the calculation period. The variable amount or the insured loss, respectively, is calculated based on the index value. Consequently, funding of the insurance can be accelerated in good calculation periods having no losses.
    Type: Grant
    Filed: November 1, 2004
    Date of Patent: February 28, 2012
    Assignee: Swiss Reinsurance Company Ltd.
    Inventor: Juerg Trueb
  • Publication number: 20080288417
    Abstract: A method and system for forecasting the value of a structured financial product, which can be a weather-based structured financial product. The method and system calculate a forecast value based on forecasted weather data for a defined time period in a defined geographical area, calculate reference weather data from historical data for the defined time, and the defined geographical area, and calculate a quality indicator, indicative of a forecasting quality associated with the forecasted weather data, based on the forecasted weather data and the reference weather data.
    Type: Application
    Filed: November 2, 2005
    Publication date: November 20, 2008
    Applicant: Swiss Reinsurance Company
    Inventors: Adrian Luessi, Juerg Trueb