再保险

In aggregate, our smaller insurance operations produced an excellent underwriting profit in 2000 while generating significant float - just as they have done for more than a decade. If these companies were a single and separate operation, people would consider it an outstanding insurer.第 24 页共 56 页 www.buffettism.com 巴菲特研究中心 Research Centre for Buffettism Because the companies instead reside in an enterprise as large as Berkshire, the world may not appreciate their accomplishments - but I sure do. Last year I thanked Rod Eldred, John Kizer, Don Towle and Don Wurster, and I again do so. In addition, we now also owe thanks to Tom Nerney at U.S. Liability and Michael Stearns, the new head of Cypress.

总的来说，其它规模较小的保险业务在 2000 年产生了可观的承保利益，同时一如过去十年来持续贡献大量的浮存金，如果把这些公司视为单一独立的企业，那么他们绝对可以称得上是一家经营绩效优异的保险公司，而因为这些事业隐身在 Berkshire 如此庞大的事业体中，外界无法理解他们的努力与成就，但至少我个人能够深深地体会地，去年我感谢过 Rod，John，Don 等人，今年则还要再加上美国责任险的 Tom 以及 Cypress 的新任主管

In US,After a high school graduate or the university student graduates looks for the work,Only considered works whether appropriately,Whether the income does satisfy,Did not consider the unit is state-owned privateTherefore we advise the young friends to change the idea,Looks for work which most likes,Then looks for an investment or the insurance project again starts to save money,The dissimilarity which looks like we is young when does,Don't worry the old age life,Once did not have the social insurance payments,We can rejoice extremely the money which we also has oneself lefts overYoung friend,Starts an inch belt money,By prepares needs in old age

请问下面一段话如何翻译成英文呢，谢谢在美国，当一个高中毕业生或大学生毕业后找工作时，只考虑工作是否合适，收入是否满意，并不考虑单位是国有还是私有。因此我们劝告年轻的朋友们改变观念，找一个最喜欢的工作，然后再找一个投资或保险项目开始存钱，就象我们年轻时所做的一样，不用担心晚年生活，一旦没有了社会保险金，我们就会非常庆幸我们还有自己存下来的钱。年轻的朋友，开始寸带点钱吧，以备老来之需。

They say they will pay the first 3-5 million aggregate of any lost and then reinsure out with the America, London and other markets to a degree they feel comfortable with.

他们说他们会先支付保险总额的三到五百万，然后再分保到美国，伦敦和其他市场，直到他们觉得自己能够承受为止。

To reinsure.

分保：再给……保险

In view of the fact that the reform of the medicare system for workers and staff members is an extremely complicated work which concerns the practical interests of the broad masses of workers and staff members, is highly policy-oriented and involves wide segments of society, and to gain further experience, in accordance with the requirements of gradual establishment of the medicare system based on the combination of the unifiedly raised social medical funds of the cities and towns and individual medical accounts and quickening the pace of reform of the medicare system during the "Ninth Five-Year Plan" period contained in the "Program of the Ninth Five-Year Plan of National Economic and Social Development and 2010 Perspective Goals of the People's Republic of China" adopted at the Fourth Session of the Eighth National People's Congress, the State Council has decided on the basis of the experiment of Zhenjiang City and Jiujiang City, to further select a number of cities where the conditions are mature to extend the scope of experiment of the reform of the medicare system for workers and staff members in a planned way and step by step.

鉴于职工医疗保障制度改革关系到广大职工的切身利益，政策性强，涉及面广，是一项极为错综复杂的工作，为了进一步取得经验，按照八届全国人大四次会议通过的《中华人民共和国国民经济和社会发展&九五&计划和2010年远景目标纲要》中关于&九五&期间加快医疗保障制度改革，逐步建立城镇社会统筹医疗基金与个人医疗帐户相结合的医疗保险制度的要求，国务院决定，在镇江、九江两市试点的基础上，再挑选一部分具备条件的城市，有计划、有步骤地扩大职工医疗保障制度改革的试点范围。

With his bland face and steady ways, he might have tried to sell you insurance. Out of his apron he wore a suit and a flat cap, always neat. He could slice a lemon sole to perfection.

脱下围裙，他会换上西装，带上低顶圆帽，总是很整洁的样子，再加上一幅温和的面庞和举手投足间透露出的沉稳，别人会认为眼前是一个保险推销员。

If you flunk out of law school, you have to go to work at your father's insurance company. But if you perform so well that a rival company comes calling, you become a vice president and no longer have to work for your father.

如果你进了法学院却中途辍学，就只好给父亲的保险公司打工，但如果你业务做的好，对手公司就会打电话给你，请你去当副总裁，那你就不用再为父亲打工了。

I hallooed again tohim, and made signs to come forward, which he easily understood,and came a little way; then stopped again, and then a littlefarther, and stopped again; and I could then perceive that he stoodtrembling, as if he had been taken prisoner, and had just been tobe killed, as his two enemies were.

好吧，&船长说，&我现在回去向总督汇报，尽力劝他同意赦免你们。于是，他回来把他们当前思想情况原原本本地向我作了汇报，并且说，他完全相信他们是会效忠的。话虽如此，为了保险起见，我叫船长再回去一趟，从他们七个人中挑出五个人来。

We should point out again that in any given year a company writing long-tail insurance (coverages giving rise to claims that are often settled many years after the loss-causing event takes place) can report almost any earnings that the CEO desires. Too often the industry has reported wildly inaccurate figures by misstating liabilities. Most of the mistakes have been innocent. Sometimes, however, they have been intentional, their object being to fool investors and regulators. Auditors and actuaries have usually failed to prevent both varieties of misstatement.

我们必须再一次指出，一个签发长尾型保险的公司(保单理赔范围通常在损失事件发生好几年后才会理赔的保单)，其经理几乎可以随心所欲的操控其短期的盈余数字，这行业因为负债错估而导致报表数字不真实可说是司空见惯的事，大部分的错误或许都是出于无心，但有时也有可能是故意的，其目的无非是想要误导投资人以及主管机关，而会计师以及精算师往往无法预防此类的事件发生。

Under this scheme, farmers have been encouraged—more politely this time—to pay another annual premium of 10 yuan.

政府鼓励农民每年再交10元保险。

Do you know, i need you to come back

你知道吗，我需要你回来

Yang yinshu、Wang xiangsheng、Li decang,The first discovery of haemaphysalis conicinna.

1〕 杨银书，王祥生，李德昌。安徽省首次发现嗜群血蜱。