1. How Insurance Industry Works
Risk management tool designed to help individuals mitigate the financial impact of unexpected events
Basic model:
- Risk pooling, the losses of the few are paid for by the many
- Law of large numbers: as the size of sample grows, the actual loss will approximate the expected loss experience
- Insured parties pay premiums in exchange for coverage
- Investment Income: insurance companies collect premiums, in the interim, they can invest to earn return
Modern trends
- Insurtech: Startup offer things like peer-to-peer insurance, on-demand insurance
- Big Data: help refine the risk assessment models
- Telematics: device tracking driving behavior to price premiums
2. Smog Test
Procedure to evaluate the amount and type of pollutants, help improving the air quality
- From “Smoke” and “Fog”
3. Pineapple Flesh
- Bromelain: 菠萝蛋白酶, start breaking down proteins in mouth
- Acidity: pineapple is quite acidic, pH range from 3.2 to 4.5
4. English Font
Typeface vs. Font
- Typeface is the design of character
- Font: refers to specific version or weight of that typeface
Categories of Typefaces
- Serif: have small decorative lines
- Sans Serif: without Serif
- Script: mimic cursive handwriting
- Handwritten: mimic casual handwriting
- Monospace: every character occupies the same amount of horizontal space, for typewriter and coding
Common:
- Helvetica: corporate branding
- Times New Roman: default in MS word
- Arial: common for online and printed
- Georgia: for clarity on screen display