Foreign Election Interference in the US 2024 Election!

[Jackson B]

I was also interested in this insurance. Curiously, the LLP registered in London has just 2 employees - one in India and the other in Cambodia. The financial accounts can be seen here: https://find-and-update.company-information.service.gov.uk/company/OC401682/filing-history/MzQyNzUzMDI3NGFkaXF6a2N4/document?format=pdf&download=0

 

Turnover seems ridiculously low for an insurance company.

 

It's obviously a real registered partnership, but I still can't find the actual underwriter, if any.

 

SBC is a local broker, which seems to promote WRLife insurance.

[Henk Langeweg]

1 hour ago, Jackson B said:

I was also interested in this insurance. Curiously, the LLP registered in London has just 2 employees - one in India and the other in Cambodia. The financial accounts can be seen here: https://find-and-update.company-information.service.gov.uk/company/OC401682/filing-history/MzQyNzUzMDI3NGFkaXF6a2N4/document?format=pdf&download=0

 

Turnover seems ridiculously low for an insurance company.

 

It's obviously a real registered partnership, but I still can't find the actual underwriter, if any.

 

SBC is a local broker, which seems to promote WRLife insurance.

There was a thread about this company for a few days because of policy changes but it's deleted now for some reason. Strange ...

[brewsterbudgen]

I guess one never knows until you submit a claim, but I'm in my 3rd year with them and have no complaints.  Even the recent change regarding degenerative illnesses has been explained.

 

Not sure why the thread was deleted though?

Edited yesterday at 11:56 AM by brewsterbudgen

[scubascuba3]

8 hours ago, brewsterbudgen said:

I guess one never knows until you submit a claim, but I'm in my 3rd year with them and have no complaints.  Even the recent change regarding degenerative illnesses has been explained.

 

Not sure why the thread was deleted though?

When you say it was explained you mean it came from AA? which it would if the terms of insurance changed

[jerrymahoney]

On 11/24/2023 at 6:44 AM, JBChiangRai said:

IMHO it’s a long game scam, they will pay out small claims but not big ones and will trade until someone stops them.

As per my posts above in this otherwise dormant topic, this from the screenplay Bonnie and Clyde:

 

Farmer: All I can say is, they did right by me - and I'm bringin' me and a mess of flowers to their funeral.

[JBChiangRai]

15 hours ago, Jackson B said:

I was also interested in this insurance. Curiously, the LLP registered in London has just 2 employees - one in India and the other in Cambodia. The financial accounts can be seen here: https://find-and-update.company-information.service.gov.uk/company/OC401682/filing-history/MzQyNzUzMDI3NGFkaXF6a2N4/document?format=pdf&download=0

 

Turnover seems ridiculously low for an insurance company.

 

It's obviously a real registered partnership, but I still can't find the actual underwriter, if any.

 

SBC is a local broker, which seems to promote WRLife insurance.

 

The underwriter is WrLife Participative Insurance Ltd, you will find it regulated by the island of Nevis.

 

I've enclosed a screenshot of the registration together with an organisation chart for WRLife that another AN member obtained direct from WRLife.

[Etaoin Shrdlu]

And here's a link to Lorentz Capital UK Ltd's corporate filings in the UK: https://find-and-update.company-information.service.gov.uk/company/13131191/filing-history

 

Take a look at the statement of accounts as at 31 December 2023.

 

I can't find any information on Lorentz Capital LTD without the "UK" in it. 

 

 

Edited 11 hours ago by Etaoin Shrdlu

[Jackson B]

6 hours ago, Etaoin Shrdlu said:

And here's a link to Lorentz Capital UK Ltd's corporate filings in the UK: https://find-and-update.company-information.service.gov.uk/company/13131191/filing-history

 

Take a look at the statement of accounts as at 31 December 2023.

 

I can't find any information on Lorentz Capital LTD without the "UK" in it. 

 

 

Indeed, it's a rabbit hole. I can't find Lorentz Capital LTD either. It lent money to the UK company. According to the statement, most of the equity is not cash in bank, so it's curious what is backing up the insurance company. As it is a mutualist model, policy holders own the company, and can earn "points" if they recruit customers. The registration in Nevis leads nowhere... Hard to find any details beyond a listing. But I suppose that's the point of registering an entity in the Caribbean.

 

There's also a dormant company in the UK with 1M pounds capital.

 

The ethical statement is just bizarre:

 

"- Ethics
Ethical solvency: our reserves and saving will be put in ethic assets with ethic partners.
Ethical behaviour: we already have one Insurance licence and one Broker Licence, and we will get more.
Ethical Employment: we want our staff to have shares also, and we will do our best to hold handicapped employees as well.
Indeed even if we are participative, we do not avoid the capitalism and we must have profitability."

 

It's all very curious.

[Etaoin Shrdlu]

1 minute ago, Jackson B said:

Indeed, it's a rabbit hole. I can't find Lorentz Capital LTD either. It lent money to the UK company. According to the statement, most of the equity is not cash in bank, so it's curious what is backing up the insurance company. As it is a mutualist model, policy holders own the company, and can earn "points" if they recruit customers. The registration in Nevis leads nowhere... Hard to find any details beyond a listing. But I suppose that's the point of registering an entity in the Caribbean.

 

There's also a dormant company in the UK with 1M pounds capital.

 

The ethical statement is just bizarre:

 

"- Ethics
Ethical solvency: our reserves and saving will be put in ethic assets with ethic partners.
Ethical behaviour: we already have one Insurance licence and one Broker Licence, and we will get more.
Ethical Employment: we want our staff to have shares also, and we will do our best to hold handicapped employees as well.
Indeed even if we are participative, we do not avoid the capitalism and we must have profitability."

 

It's all very curious.

 

Curious? I think you're being very diplomatic.

[Jackson B]

21 hours ago, brewsterbudgen said:

I guess one never knows until you submit a claim, but I'm in my 3rd year with them and have no complaints.  Even the recent change regarding degenerative illnesses has been explained.

 

Not sure why the thread was deleted though?

Hi there Mr B.

 

I saw in the policy wording that there is a 5-year waiting period for degenerative diseases. Is that in your policy? The premiums are certainly attractive.

[Etaoin Shrdlu]

2 minutes ago, Jackson B said:

Indeed, it's a rabbit hole. I can't find Lorentz Capital LTD either. It lent money to the UK company. According to the statement, most of the equity is not cash in bank, so it's curious what is backing up the insurance company. As it is a mutualist model, policy holders own the company, and can earn "points" if they recruit customers. The registration in Nevis leads nowhere... Hard to find any details beyond a listing. But I suppose that's the point of registering an entity in the Caribbean.

 

There's also a dormant company in the UK with 1M pounds capital.

 

The ethical statement is just bizarre:

 

"- Ethics
Ethical solvency: our reserves and saving will be put in ethic assets with ethic partners.
Ethical behaviour: we already have one Insurance licence and one Broker Licence, and we will get more.
Ethical Employment: we want our staff to have shares also, and we will do our best to hold handicapped employees as well.
Indeed even if we are participative, we do not avoid the capitalism and we must have profitability."

 

It's all very curious.

 

These isn't a "Lorentz Capital Ltd." listed on the Nevis regulator's website as an insurance company (or anything else for that matter), but according to the graphic, this is the insurance entity at the core of WRLife's operations. It is possible that there have been changes and the Nevis regulator hasn't updated the website.

 

 

[Jackson B]

5 minutes ago, Etaoin Shrdlu said:

 

Curious? I think you're being very diplomatic.

You might be right. I read of complaining customers being threatened with defamation. Not sure if that would wash in Thailand, given that all the Thai officers resigned, and the company is not registered here.

[brewsterbudgen]

1 hour ago, Jackson B said:

Hi there Mr B.

 

I saw in the policy wording that there is a 5-year waiting period for degenerative diseases. Is that in your policy? The premiums are certainly attractive.

Yes.

[brewsterbudgen]

14 hours ago, scubascuba3 said:

When you say it was explained you mean it came from AA? which it would if the terms of insurance changed

It was explained to me (and my broker) by Patrick Lorentz of WRLife.