Wednesday, May 23, 2012

Knowledge Center



PUBLICATIONS

If you would like to receive a complimentary copy of a publication, please contact us.
Funding Employee Benefits: A Risk Manager's Guide - Outlines the advantages to funding employee benefits in a captive arrangement and provides guidelines on how to structure this type of program.
Pension Research White Paper - Spring's pension research examines ways to use captive products to reduce funding and accounting volatility associated with pension plans, as well as avoid the problem of trapped assets and the expense of plan termination.
Healthcare Captive Opportunities White Paper - Outlines significant opportunities for healthcare captives and provides guidelines on how to implement these options. In addition to enhanced capital utilization, the knock-on benefits of adopting one or more of these strategies can be significant. They include a reduction of loss volatility through increased portfolio diversity, an increase in the captive's return on invested capital (ROIC), and lower risk transfer premiums.

CASE STUDIES

Our client work does not occur in silos – we recognize that sophisticated organizations demand a fully integrated approach to solving their challenges. Our clients represent a diverse group of industries and come to us from all over the globe. Below are case examples of our work. They illustrate the value created, problem solving and innovative solutions implemented to meet and satisfy the needs of our clients.


SPRING'S 2010, 2011 AND 2012 PRESENTATIONS

Below is a list of presentations our experts have given at industry leading conferences and events. If you are interested in learning more about the topic and to receive the presentation please contact us.


SURVEYS

Our work is backed by leading industry research.  Identifying current “best practices” and “best-in-class” Future State organizations through benchmarking surveys illustrates one method of how Spring helps our clients meet current challenges and, more importantly, position clients for future growth and expanded market share. Spring routinely designs and conducts surveys on the Integrated Disability, Absence and Health Management and also in the voluntary marketplace. Many of the major players in these services areas are represented in these studies, either as sponsors or participants. If you are interested in learning more about our surveys, please contact us.


SPRING VIEW

Below is a list of our quarterly newsletter the Spring View. Here you can find articles authored by our consultants on topics that are affecting our industry. Click here to sign up for our newsletter.


WEBCASTS

An insight to our expert knowledge on specific topics, please click below to register and view the webcasts.
Captives for Healthcare Reform and Writing Employee Benefits in a Captive - A webcast to enhance your captive knowledge and expand on innovative ways to manage your risk.
Enhancing Capital Management Through a Captive - A webcast that introduces a new way to utilize a captive's underemployed capital.

South Korea Springhill Group: Journals



http://springhillgrouphome.multiply.com/journal?&show_interstitial=1&u=%2Fjournal

South Korea Group of Springhill | edublogs.org
http://tonybricks96.edublogs.org/
http://tonybricks96.edublogs.org/2012/05/21/scrap-n-test-china-tells-n-korea/
China has been quietly and gently pressuring North Korea to scrap plans for a third nuclear test, said two sources with knowledge of closed-door discussions between the countries, but there is no indication how Pyongyang will react.
If North Korea goes ahead with the test, China would consider taking some retaliatory steps, but they would not be substantive, a source with ties to Pyongyang and Beijing said.
North Korea has almost completed preparations for the test, Reuters had reported in late April, a step that would further isolate the impoverished state after last month’s failed rocket launch that the United States says was a ballistic missile test.
“China is unhappy … and urged North Korea not to conduct a nuclear test near Changbai Mountain,” said the source, who declined to be identified.
China feared a radiation leak and damage to the environment from a blast, the source added. “China also complained about the environmental damage to the area after the first two tests.”
When North Korea conducted nuclear tests in 2006 and 2009, it caused environmental damage to the mountain straddling the border with China. North Korea ceded part of the mountain to China in 1963.


Springhill Group Home : Facebook Buys 650 AOL Patents
http://newscenter.springhillgrouphome.com/2012/05/springhill-group-home-facebook-buys-650-aol-patents/

Facebook is set to pay Microsoft USD 550 million for 650 patents recently auctioned by AOL in its effort to boost its IP for the looming litigation against Yahoo.

Under pressure from its stockholders to make changes to prevent further revenue fall, AOL was obliged to sell and license over 800 patents to Microsoft on April 9. It would retain over 300 applications and patents after the auction.

Aside from the 800 patents bought by Microsoft, AOL will also give them license to 300 patents it has retained for a tag of USD 1.056 billion. Thus, Microsoft ultimately acquired 925 AOL patent applications and patents, 650 of which will go to Facebook. The 2 firms has also agreed to license their patent holdings to each other.



China has been quietly and gently pressuring North Korea to scrap plans for a third nuclear test, said two sources with knowledge of closed-door discussions between the countries, but there is no indication how Pyongyang will react.
If North Korea goes ahead with the test, China would consider taking some retaliatory steps, but they would not be substantive, a source with ties to Pyongyang and Beijing said.
North Korea has almost completed preparations for the test, Reuters had reported in late April, a step that would further isolate the impoverished state after last month’s failed rocket launch that the United States says was a ballistic missile test.
“China is unhappy … and urged North Korea not to conduct a nuclear test near Changbai Mountain,” said the source, who declined to be identified.
China feared a radiation leak and damage to the environment from a blast, the source added. “China also complained about the environmental damage to the area after the first two tests.”
When North Korea conducted nuclear tests in 2006 and 2009, it caused environmental damage to the mountain straddling the border with China. North Korea ceded part of the mountain to China in 1963.


Springhill Group Home : Facebook Buys 650 AOL Patents

Facebook is set to pay Microsoft USD 550 million for 650 patents recently auctioned by AOL in its effort to boost its IP for the looming litigation against Yahoo.

Under pressure from its stockholders to make changes to prevent further revenue fall, AOL was obliged to sell and license over 800 patents to Microsoft on April 9. It would retain over 300 applications and patents after the auction.

Aside from the 800 patents bought by Microsoft, AOL will also give them license to 300 patents it has retained for a tag of USD 1.056 billion. Thus, Microsoft ultimately acquired 925 AOL patent applications and patents, 650 of which will go to Facebook. The 2 firms has also agreed to license their patent holdings to each other.


Sunday, May 20, 2012

Scrap N-test, China tells N Korea


Beijing fears radiation leak along border, say Chinese insiders
China has been quietly and gently pressuring North Korea to scrap plans for a third nuclear test, said two sources with knowledge of closed-door discussions between the countries, but there is no indication how Pyongyang will react. 

If North Korea goes ahead with the test, China would consider taking some retaliatory steps, but they would not be substantive, a source with ties to Pyongyang and Beijing said.

North Korea has almost completed preparations for the test, Reuters had reported in late April, a step that would further isolate the impoverished state after last month’s failed rocket launch that the United States says was a ballistic missile test.

“China is unhappy ... and urged North Korea not to conduct a nuclear test near Changbai Mountain,” said the source, who declined to be identified.

China feared a radiation leak and damage to the environment from a blast, the source added. “China also complained about the environmental damage to the area after the first two tests.”

When North Korea conducted nuclear tests in 2006 and 2009, it caused environmental damage to the mountain straddling the border with China. North Korea ceded part of the mountain to China in 1963.

It was unclear if the secretive North Korean government, typically unwilling to bow to outside pressure, would defer or drop the plans. China is the closest thing to an ally that North Korea has.

“The impact on China's northeast would be huge,” the source said of a third test.

Chinese officials have discussed whether threats of diplomatic action would be effective, but any action might be restricted to some economic measures to signal China’s displeasure and would not affect vital food aid for North Korea, the source said.

A Western diplomat, who also asked not to be identified, confirmed that China has put pressure on North Korea to abandon the test.

Major diplomatic repercussions were unlikely, however, said Jin Canrong, associate dean of the School of International Studies at Renmin University in Beijing. Instead, Jin, who has knowledge of how China deals with North Korea, said China may use financial levers to influence its neighbour.

“If closed-door negotiations fail to produce results, economic aid could be cut,” Jin said, adding that imports of mineral resources and unspecified “special local products” could also be reduced.

China condemned North Korea’s first nuclear test in October 2006, carried out in defiance of China’s public pleas, and it supported a UN resolution that authorised sanctions. It backed sanctions again after the North’s second test in May 2009.

Springhill Group Home: Sony Cutting 6% Of Global Workforce


Sony, the giant Japanese electronics maker, plans to cut 6% of its workforce or around 10,000 jobs as they continue with their efforts to restructure their business, the 3rd job cut since 2005. It has already sold 2 divisions and is now scaling back its TV production.



According to Bloomberg’s data, the biggest consumer electronics exporter in Japan has 168,200 staff last year. Around half of the job cuts resulted from publicized deals the company has previously made. Last month, Sony sold a chemicals subsidiary to the Development Bank of Japan while it spun off small LCD production last year into a joint deal with Toshiba and Hitachi. The remaining 5,000 job cuts will come from its unprofitable TV division that is now being overhauled in hopes of restoring the firm’s health.



The 51-year old CEO, Kazuo Hirai, replaced Howard Stringer this month and immediately set out to do his promise of “unavoidable, painful choices” in order to turn the company’s operations into a more profitable one.



Hirai has been credited in making the PlayStation business profitable; now he is set to put himself in charge of and bring a new team for the firm’s TV business. Sony even revealed a new organizational chart that has omitted a management layer between the CEO and the head of TV department so Hirai could manage them directly.



Sony predicted that it might post a loss of USD 2.7 billion on March 31 — the 4th consecutive yearly loss which is unprecedented for the firm since 1958. Their television division is forecasted to lose money for the 8th year in a row because of stiff competition coming from Samsung of South Korea and Apple. As a comparison, Sony is being valued at USD 20 billion against USD 170 billion of Samsung and USD 591 billion of Apple.



More details regarding the job cuts are expected to be discussed on a strategy briefing on April 12, which will be led by Hirai. The lay-offs are the first glimpse into the new executive’s restructuring plan after he replaced Howard Stringer just this month. Cuts could reportedly be made over the course of 2 fiscal years, possibly ending in March of 2014.



The majority of the workforce reduction will come from selling businesses that are not included in the firm’s core business. However, the said job cuts are only a tentative solution for the company as that does not address their core problems, one of which is the poor television sector.



Fortunately, shares of Sony are rallying because of that report. Perhaps the market is optimistic that the company’s move would improve their overall business performance, along with the expectation that Hirai will not only slash unprofitable sectors but rebuild the company, too.

Sunday, May 13, 2012

Springhill Group TAGZA: Group of Springhill South Korea: The Laziest Scams in Internet History: Zimbio


Slide 1
TAGZA: Group of Springhill South Korea: The Laziest Scams in Internet History: Zimbio
Slide 2
NEWS ON TAGZA – GROUP OF SPRINGHILL SOUTH KOREA - A certain “Sehwan Jung” in South Korea has been sending a number of desperate requests for funds over Twitter: “I am in urgent need of money. Can you lend me 500,000 dollars?I will make it up to you later.” A diabolical plot, indeed, though Mr. Jung’s scam is unlikely to work. For one, people can see everything someone sends on Twitter and quickly realize he’s sent the exact same message over and over. For another, he is tweeting almost exclusively to celebrities, including Channing Tatum, Rosario Dawson, Carly Simon, journalist Nicholas Kristof (who today sarcastically answered, “Sure!”), and the foreign minister of Bahrain, Sheikh Khalid bin Ahmed Al Khalifa.
Slide 3
“Now this one is a real winner,” says Dan Ring, a spokesperson for Boston-based data protection company Sophos. “Sehwan Jung’s list of celebrities is almost as entertaining and as random as his actual request, and it’s one of the more optimistic requests out there. I hope there’s no way someone will fall for this.” The “Sehwan gambit” joins the following examples as one of the laziest scams in Internet history. • “JOHN” fails to mention what he even wants to con you out of: Subject: what are you sale Greetings,My name is JOHN, i am highly interested in buying your{ what you want to sale } from you ,I will like you to give me the FINAL ASKING price and the lastes condition,also i will like you to scan the pics for me for proper verifycation.
Slide 4
• This scammer doesn’t even attempt to establish a personal connection before offering $18 million: Beloved, I am Elizabeth Etters, a Christian.I picked your email randomly for an inheritance of $18M. Please contact me for more details via [redacted]. • One malware attack came in the form of a bogus Christmas card—sent on March 19: Date: 2010-03-19 09:27:15 “You have just received a Christmas greeting card! To see your custom card and who sent it, please check the attachment.”
Slide 5
• In this excerpt, one “Professor Farnsworth” selects you to survive a man-made black hole: “… The truth is that this experiment that CERN are conducting is extremely dangerous, and could cause global disaster. This experiment has a 95% of causing a black hole, thus swallowing a large area of the planet. The scientists do not want you to know this as they know it will cause panic. However, I can help you. I am arranging for a number of selected people to be evacuated to a safe location on an island in the South Pacific via aeroplane. You have been selected from random to take part in this evacuation, thus continuing the survival of the human race …” • African prince scams are so tired. This reward is allegedly offered by England’s royal family: 250,000.00 Pounds has been awarded to you From the Queen Elizabeth’s Foundation ,send us your:- Names___ Address___ Tel____ Country__

Monday, May 7, 2012

South Korea Group of Springhill: China And The Dual Use Scam


April 26, 2012: The United States is openly accusing China of supplying North Korea's missile program with components and technology. This may have something to do with intense effort to recover components of the failed North Korean rocket launch on April 13th. The debris of the rocket fell into shallow water off the west coast of South Korea. Russian, Chinese, and American ships, and perhaps submarines, also joined the search. South Korea called off its search on the 17th but the U.S. appeared to be continuing. The water where the debris fell is no deeper than 100 meters (310 feet), making it easy to search for and recover parts of the rocket. If some of those recovered components can be identified as Chinese there could be problems. China has agreed to abide by embargos on North Korea, but Chinese firms are notorious for ignoring their government and just selling to whoever will buy. Ignoring this behavior is not official Chinese policy but accepting bribes to look the other way is a long accepted Chinese practice. If the U.S. or South Korea recover Chinese rocket components from the ocean floor China will simply deny any knowledge of Chinese firms selling rocket components to North Korea, or claim that the rocket components were dual use (which could be technically true). China may even agree to prosecute errant firms but these prosecutions are mainly for show. That approach has worked for years and it will take some hard-ball, behind-the-scenes diplomacy to force the Chinese government to act. That sometimes works but usually not for long.
The U.S. also accused China of selling North Korea a large transport vehicle that the North Koreans modified to carry their latest long-range missile in an April 15th parade. The Chinese truck manufacturer eventually admitted this and said it was not illegal because the truck was designed to haul non-military cargo but, as is the case with many "dual-use" technologies, could easily be adapted to military use. The Chinese manufacturer added that the truck in question was an excellent vehicle and there were many satisfied users.

Sunday, May 6, 2012

south korea group of springhill: Omaha Time Capsule: Church hit by explosion - Omaha.com



ST. PETER'S CHURCH HIT BY EXPLOSION
March 31, 1936: Dozens of windows were shattered in surrounding buildings and a number of persons were knocked off their feet by a terrific blast in the boiler room of St. Peter church. Firemen think gas accumulated in the flue, ignited and exploded. No damage was done to the furnace and boiler. Carl Schrattenberger, engineer, who was firing the boiler at the time, escaped without injury. He was hurled 15 feet. Persons in the vicinity said a huge cloud of smoke rolled out of the chimney. The force of the blast was felt up to six blocks away.
1964: Representatives of city employees' unions said the proposed $338,000 increase in the city's pay plan was not enough. The unions recommended, instead, an increase of at least 10 percent. The proposal sent to the Personnel Board by Personnel Director Ernest W. Howard called for an annual increase of about 5 percent. It would give raises to about 80 percent of the city's 1,700 employees.
1987: People wanting to establish a day shelter for the homeless would be required to obtain a city permit under a proposal to be reviewed by the City Planning Board. The board also would consider a redevelopment plan for the Lackawanna leather-processing plant a 2420 Z St. The plan called for the city to provide a $250,000 tax-increment loan to help expand the plant. The homeless shelter permit proposal came from City Councilman Walt Calinger. He said the city needed to have some controls over the establishment of shelters.
1996: The gypsy-moth spraying in the previous May that cost the City of Bellevue $15,000 seemed to have taken care of the moth infestation. Only one male moth was found in traps set during the summer. "We're looking real good there," said Stephen Johnson, an entomologist with the Nebraska Department of Agriculture. Johnson said that if traps laid out for the next two years didn't contain any moths, the problem would be considered solved.