do private Insurance firms have Bankruptcy Insurance ?

June 8, 2009

EDIT: Yes, there is something called Reinsurance.

Reinsurance is a means by which an insurance company can protect itself with other insurance companies against the risk of losses.

What about them going down. there’s something for that too.

Reinsurance companies themselves also purchase reinsurance and this is known as a Retrocession. LOL 😀

so then, there is a way they can all go down at once? Nah.. they are covered. They usually have a clause in the agreements to limit there risk of catastrophically large losses.

Typically, insurers prefer to limit their exposure to a loss from a single event to some small portion of their capital base, on the order of 5 percent.

And since I am not writing an assignment, I can officially quote from Wikipedia 😛 Insurance and Reinsurance


do private Insurance firms have Bankruptcy Insurance ?

Isn’t it very important?

guarantee from the Govt. is one thing I can imagine. public companies have it easy. what about private companies?

do they pay a premium too, then, to the Govt. for bankruptcy insurance?

and is there a cap on the insurance to the sum insured ? [like I think ther’s a Rs 1 lac cap on insurance of SB accounts for centralized banks?]

(Cheers to KP, for initiating the discussion)

on a different note, can the govt arbitrarily move funds (derived from taxes) wherever they care to? hmm…

Emergency contact numbers of family members

June 6, 2009

Here, I am talking NOT about 112/108/911 kind-of emergency, but instead about the first point of personal contact like family or friends.

Is there a standard protocol to save emergency contact numbers in mobile phones?

How about SpeedDial 2 being used for the emergency number? (Like SpeedDial 1 is reserved for voicemail. )

Enforcing end users to set it manually, is of-course not a good solution, and would only work with people who are aware and enthusiastic. 

However, there is scope for this to be done in the network end, if the required no is taken during subscriber registration.

The user, signing up for the connection, provides the next-to-kin/family/friend emergency contact number and that is stored in the network —> using SpeedDial 2 (press and hold button 2) —> phone sends request to the network to connect to the emergency family member number provided by the subscriber —> and the call is thus routed beyond.

There is also scope for mulitple numbers to be defined and fallback in case of non-availability of the primary emergency phone no, right?

What do u think? (there’s always the comments section for feedback 🙂

PS: another use-case : If u find someone’s lost phone, what number in there do u try to contact? the first number in the phonebook? how relevant would that be to the situation? you’ll look for “Home” ? (that’s smart, isn’t it :P) isn’t there a need to find his/her “primary” alternate contact number..

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orkut bug

June 15, 2008

i hope to God i haven’t sent out the annoying “new themes released” or “a girl has spoken abt you in my scrapbook” messages to ppl

it’s been a while its going around and team-orkut hasn’t done anything to stop it ?

Opera 9.5

June 12, 2008

Opera 9.5 - beautifully engineered

when to make public your blog

May 16, 2008

Everyone would have a first blog


And making it public is a decision you’d have to take a call. when ? is it good enough ? lotsa questions, excpecially with first-timers. in fact,  there are more ..

Ask your PR manager.

– shubha

😀 yeah right. ( here is where it gets boring ) lotsa people are not comfortable that people they know in real life read thoughts they’d have put up on the net. and the audience is (generally) not restricted with authentication requirement. How secure really is the internet? do i really have control ? Who knows who all’d get to read my blog! can i write against somebody ? my professor? 😀 my manager ? 😉

In fact people have different blogs, and maintain anonymity in several. yet, a blog gets life many-a-times only when it is part of a network, a network of blogs or people (or spiders:D).

Alright, would this be best time to make my blog public ?

i’d say anytime is better than no time. i did say that to itrags and it still hasn’t really taken of !

great. let’s check vaastu ? it’s arbit anyway. let it be more arbit. it’s not gonna get any less arbit by doing this. ( maybe i should set an arbit quotient with every post. this post – 9 on 12)

okay this is may 16, may – jan feb apr may . 4 . sorry, jan feb mar apr may . 5 . lol. gotcha. one two three four five! aaagh FIVE

16th . aagh. 16 is 2 power x. i mean log16 is an int. it should make good vaastu. makes sense ?

ditch-all. go sleep.


phone memory card – reset password

March 2, 2008

it so happened that the micro sd card of my friend got locked with a password yesterday, allegedly by a device malfunction.

anyway, we set out to unlock it. tried the usual passwords and stuff and the default ones. Next, attempted to format it, it still asked for the pass. Next, got an micro sd adapter for mini sd and attached it to the computer. It didn’e even mount. A normal password-less card automatically mounts and is seen like another drive. but not password protected ones. next what ? couldn’t format it either.

Google! it didn’t take much time to see that many had faced similar problems (usual, ain’t it ) and had discussed them. fine. few solutions were given. most required a file system browser to read the card contents from the phone (wasn’t explained how it gets permit, linked usually was a symbian software (not supported on my phone) or keeping the card in a freezer overnight(which again, was not available here;). in the middle of this, i tried to boot to windows hoping that it’ll somehow work in windows, only to find that windows wasn’t booting at all.

The issue was this – to make the password protection possible, the password has to be within the memory card. else it will not be protected in another reader. Secondly, the reading device had to cross check the password entered with the original password stored in the card. for this, it has to given read access to the password location.

It so happens the password is stored in plain text in a file in the root of the mmc. given sufficiently low level access, i can read it. Now, with this being a mobile phone, the communication is of a different type. it is not seen as a familiar /dev/sdx nor do i know if the usual mount does the job.

issue still remains unsolved. solutions welcome. btw, a fixboot and fixgrub from the rescue terminal got windows booting again.

i hope to document here, in due time, an easy way to understand clearly how it works, what can be done in case passwords are forgotten and how they can possibly be better implemented