These are private companies--insurance companies--they're monoline because they look only at a certain class of risks and not all risks that they insure.

他们是私人保险公司,从事单线业务,因为他们只关注一类特定风险,而不是担保所有的风险

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Insurance pools risks like life risks or fire risks by writing policies to individual policyholders.

保险业分散风险是通过,与个人签订保险合同,比如寿险合同,或者火险合同

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When you do these calculations, which I just did for insurance-- I was talking about insurance companies-- assuming that risks are independent, everything's independent and we've got it all figured out.

当你试图去,做保险相关计算时,我指的是保险公司...,假定风险是独立的,事件都是独立的,可以算出一个结果

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It might include risks, as well, of personal liability if someone injures themselves on your property or risks of storms, of hurricanes, earthquakes, everything else; so we call it homeowners' insurance.

其中可能包括他人,在你家里受伤而引起的个人责任风险,或者住宅遭遇暴风雨,飓风,地震,或其他灾害的风险,所以我们称其为住宅保险

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