保险商

Over the past week better news about the health of America's "monoline" bond insurers caused stockmarkets to rally and bond spreads to fall.

上周，美国单一行业保险商又传出了健康运行的好消息，股市随之大振，债券息差也出现下降。

The shorter duration and greater optionality require insurers to undertake more short-term trading and hedging of market risks, or to hold greater capital to address periodic investment underperformance.21 This shift in balance sheet and risk profile is particularly relevant to the current debate surrounding financial accounting and reporting standards.

期限的缩短和增大选择性都要求保险商们对各种市场风险进行更短期的交易和投资活动，或者拥有更多的资本，去解决周期性发生的投资状况不良问题。资产债务表和风险形象方面的转变，与当前围绕着财务会计和报表制度所进行的辩论有着特别的关联。

Mr Buffett, crowned this week as the world's richest man, also withdrew his recent offer to reinsure three troubled bond-insurers to the tune of $800 billion.

在本周荣获世界首富的巴菲特先生也向三大深陷困扰的债券保险商的撤回了他刚刚提供8000亿美元的担保基金。

Furthermore, whatever form government purchasing takes, private US health insurers are also imposing tougher conditions, removing drugs they consider less efficacious from their formularies or requiring patients to contribute to their costs directly.

此外，无论政府以何种方式采购，美国私人医疗保险商都会施以更苛刻的条款，将他们认为疗效较差的药品从清单中去除，或要求患者直接支付开销。

Over time, most insurers experience a substantial underwriting loss, which makes their economics far different from ours.

过往，绝大多数保险商经历了严重的承保损失，这使它们的经济情况远不同于我们。

None of this, of course, is good news for the insurers' shareholders either.

当然，对保险商的股东来说，这些都不是好消息。

Recent big deals include the July 13 acquisition of Anheuser-Busch, the owner of Budweiser and other iconic American beer brands, by Belgian brewer InBev for $52 billion. On July 21, Swiss biotech company Roche Holdings said it will swallow the rest of San Francisco-based Genentech that it doesn't already own for $43.7 billion. And on July 23, Japanese insurer Tokio Marine Holdings announced plans to buy U.S. insurance company Philadelphia Consolidated Holding for $4.39 billion.

仅仅7月份，就出现了几项巨额收购。13日，比利时啤酒公司英博斥资520亿美元收购了安海斯－布希公司（Anheuser-Busch），后者拥有百威等美国著名啤酒品牌。21日，瑞士生物技术巨头罗氏公司宣布，将以437亿美元收购其控股的基因技术公司的剩余股份。23日，日本保险商东京海上控股宣布，计划以43.9亿美元收购美国保险公司费城统一（Philadelphia Consolidated Holding）。

IMPORTANT PROCEDUREIN THE EVENT OF LOSS OR DAMAGE FOR WHICH UNDERWRITERS MAY BE LIABLE LIABLITY OF CARRIERS, BAILEES OR OTHER THIRD PARTIES It is the duty of the Assured and their Agents, in all cases, to take such measures as may be reasonable for the purpose of averting or minimizing a loss and to ensure that all rights against Carriers, Bailees or other third parties are properly preserved and exercised.

重要PROCEDUREIN保险商也许是载体、受托者或者其他第三方的有义务的LIABLITY损失或损伤的事件它是确定和他们的代理的义务，在所有的情况下，采取这样措施象可以合理的为避免或使损失减到最小的目的和保证所有权利反对载体、受托者或者其他第三方适当地被保存并且行使。

As a result, CIRe believes that the reinsurance pricing cycle is beginning to turn more favorably to reinsurers.

因此，中再国际相信，再保险定价周期开始有利再保险商，而中再国际相信，现在正是以具吸引力的定价、条款及条件展业的黄金时候。

Please let us know the premium at which stortage is coverable by the insurer at your end.

请告知你处的保险商所承保短量险的保费。

On the other hand, the more important thing is because the urban housing is a kind of heterogeneity products.

另一方面，更重要的是由于城市住房是一种异质性产品。

Climate histogram is the fall that collects place measure calm value, cent serves as cross axle for a few equal interval, the area that the frequency that the value appears according to place is accumulated and becomes will be determined inside each interval, discharge the graph that rise with post, also be called histogram.

气候直方图是将所收集的降水量测定值，分为几个相等的区间作为横轴，并将各区间内所测定值依所出现的次数累积而成的面积，用柱子排起来的图形，也叫做柱状图。