Insurance companies are in the business of assuming risk on behalf of their customers in exchange for a fee, called premium.
保险公司从事之业务就是代表客户承担危险,作为互换,公司向客户收取费用——保险费。
2
Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium.
保险定义为公平转移风险损失,从一个实体到另一个,换取保费。
3
RMB exchange rate has a quicker response to information after the reform. The return has neither a characteristic of leverage effect nor a riskpremium effect.