That's when the insurance industry was really born.
保险行业就是这时候产生的
well, there are three lectures this week, Wednesday will be about the insurance industry
下次课是星期三,这周有三堂课,Next,Wednesday–,星期三会谈论保险产业
It makes it--this is a handicap to the U.S. insurance industry.
这其实是美国保险业发展的一个障碍
The real insurance industry, as I mentioned before, began in the 1600s with the invention of probability theory and with the invention of life tables for-- the invention of actuarial science; but, it grew slowly.
正如我刚才所提到的,真正的保险始于17世纪,这得益于概率论,寿命表以及,精算学的产生,但是,它的发展很缓慢
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