Patents by Inventor Weng Kah Leong

Weng Kah Leong 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).

  • System and method for determining loss reserves
    Patent number: 8452621
    Abstract: A system, method and computer readable storage medium for receiving, from a user, a selection of a model to perform a loss reserve calculation, receiving, from the user, a selection of actual data directly from a workbook of a spreadsheet application to be input into the model selected to perform the loss reserve calculation, performing a model fitting calculation based on the model selected and the actual data to generate model fitted results, performing a plurality of simulations, wherein each simulation is based on the model fitted results and random re-sampling with replacement for the actual data and generating loss reserve statistics based on the plurality of simulations.
    Type: Grant
    Filed: February 24, 2012
    Date of Patent: May 28, 2013
    Assignee: Guy Carpenter & Company, LLC.
    Inventors: Weng Kah Leong, Stephen Lienhard, Seth Shenghit, Blake Berman