I have not blogged for a long time.
I am stuck in office in these days for my new career.
I guess people rarely use Ubuntu unless your PC is very slow and still want to use it or you want to make your PC becoming a server and earn some money from it like website storage.
Recently, I updated my ubuntu to 11.04. This is quite good. It is different design and template to use.
Anyway, I have just learnt how to become a root user in using terminal.
You can directly click to terminal or just press Alt+F2. The “Run Application” dialog will pop up.
Type Gnome-terminal (Enter) and then type sudo gnome-terminal (Enter).
You will be a root user for the terminal in this moment.
You can drag the program you want to install from there.
This is a page about my actuarial work and some of my excel tips. For some, I copied from the internet and modify it and some i create it myself. Hope you may find these useful.
Wednesday, August 24, 2011
Thursday, January 27, 2011
What do you think about the flooding in Australia?
This is just my personal view. It is not related to any numerical calculation nor computational programming and insurance products advertisement.
The following is quoted from SMH.com.au
http://www.smh.com.au/business/plea-to-broaden-scope-of-business-flood-relief-20110126-1a5ch.html
Plea to broaden scope
of business flood relief
BUSINESSES in Queensland that are too big to access flood-relief assistance are in danger of going under, says the state's Chamber of Commerce and Industry....
The AIG contacted more than 200 of its members in affected areas and more than 40 per cent of them were inundated. More than half of these would be closed for more than a month. Ms Ridout said she would like to see some of the eligibility for low-interest loans widened to include medium-sized businesses.
The federal opposition’s small-business spokesman, Bruce Billson, said grants were confusing for many small to medium-sized enterprises. ‘‘The government has asked insurers to show compassion and commonsense. Now it’s time for the government to adopt its own advice.’
......
I guess most people would think about disaster insurance/ catastrophe insurance.
Let's think about what would the insurer do then.
I have few for thoughts for this.
1. AIG think about reinsurance. I guess the AIG group would most probably do as the cost is a lot.
2. Will they earn a profit? That's the problem. I guess they barely hit the profit. Most residents would never think that they would face flooding in their life time. Hence, they won't think about water insurance. Instead, they would think about fire insurance due to the trauma of fire blaze few years back.
3. Life insurance does not cover the loss of them. I guess the government would launch some ad-hoc solution to relieve the pain of people there. (I hope. Aussies sometimes are lay back) What could people do then if they have nothing? Theft occurs. So other kinds of insurance would take into effect as well such as household insurance.
4. Risk of default? Who would think about this? Will people claim a lot? I am not sure. I am green here. Let's see what will the Australia government do.
The following is quoted from SMH.com.au
http://www.smh.com.au/business/plea-to-broaden-scope-of-business-flood-relief-20110126-1a5ch.html
Plea to broaden scope
of business flood relief
BUSINESSES in Queensland that are too big to access flood-relief assistance are in danger of going under, says the state's Chamber of Commerce and Industry....
The AIG contacted more than 200 of its members in affected areas and more than 40 per cent of them were inundated. More than half of these would be closed for more than a month. Ms Ridout said she would like to see some of the eligibility for low-interest loans widened to include medium-sized businesses.
The federal opposition’s small-business spokesman, Bruce Billson, said grants were confusing for many small to medium-sized enterprises. ‘‘The government has asked insurers to show compassion and commonsense. Now it’s time for the government to adopt its own advice.’
......
I guess most people would think about disaster insurance/ catastrophe insurance.
Let's think about what would the insurer do then.
I have few for thoughts for this.
1. AIG think about reinsurance. I guess the AIG group would most probably do as the cost is a lot.
2. Will they earn a profit? That's the problem. I guess they barely hit the profit. Most residents would never think that they would face flooding in their life time. Hence, they won't think about water insurance. Instead, they would think about fire insurance due to the trauma of fire blaze few years back.
3. Life insurance does not cover the loss of them. I guess the government would launch some ad-hoc solution to relieve the pain of people there. (I hope. Aussies sometimes are lay back) What could people do then if they have nothing? Theft occurs. So other kinds of insurance would take into effect as well such as household insurance.
4. Risk of default? Who would think about this? Will people claim a lot? I am not sure. I am green here. Let's see what will the Australia government do.
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