常考时文朗诵03
时间：2018-12-07 作者：英语课 分类：访谈录2015年
Passage 3
1. Which type of business does life insurance belong to insurance?
2. What is the difference between general insurance and life insurance? The
former is based on…, but latter on…
3. What does a financial economist 1 consider life insurance as?
Business of Insurance Companies
Insurance companies do two types of business. One is general insurance
against various forms of risk, and the other is long-term insurance which is
mainly life insurance. General insurance will agree to pay a person or a
company a sum of money in the event of something happening or not happening.
It’s a big business today. If the project succeeds, shareholders 2 in your
company will expect to be paid a dividend 3. If you ask an insurer to
underwrite your project, then he will require a payment in advance, a
premium 4. If the project succeeds, he keeps the premium, but you don’t pay
him anything else. Paying a premium to an insurer or underwriter is often
cheaper than paying a divident to shareholders. If your dividends 5 are paid
to shareholders, then more money can be kept as retention 6 to finance the
company’s next project. Another type of insurance business is the life
insurance. It differs basically from general insurance in that it is based
not on the risk but on certainty. The certainty that each of us will one day
die. Life insurance is the basis of pension funds which provide for
retirement 7 and guard against other contingencies 8, such as ill-health, but is
best seen by a financial economist as a means of collecting many small
savings 9 to put together into large investments, in short, as a form of
intermediation.
Why did the two brothers grow cold and often quarrel with each other?
The division of their father’s property their bone of contention 10.
- He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
- He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。
- The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
- the company's fiduciary duty to its shareholders 公司对股东负有的受托责任
- The company was forced to pass its dividend.该公司被迫到期不分红。
- The first quarter dividend has been increased by nearly 4 per cent.第一季度的股息增长了近 4%。
- You have to pay a premium for express delivery.寄快递你得付额外费用。
- Fresh water was at a premium after the reservoir was contaminated.在水库被污染之后，清水便因稀而贵了。
- Nothing pays richer dividends than magnanimity. 没有什么比宽宏大量更能得到厚报。
- Their decision five years ago to computerise the company is now paying dividends. 五年前他们作出的使公司电脑化的决定现在正产生出效益。
- They advocate the retention of our nuclear power plants.他们主张保留我们的核电厂。
- His retention of energy at this hour is really surprising.人们惊叹他在这个时候还能保持如此旺盛的精力。
- She wanted to enjoy her retirement without being beset by financial worries.她想享受退休生活而不必为金钱担忧。
- I have to put everything away for my retirement.我必须把一切都积蓄起来以便退休后用。
- We must consider all possible contingencies. 我们必须考虑一切可能发生的事。
- We must be prepared for all contingencies. 我们要作好各种准备，以防意外。 来自辞典例句
- I can't afford the vacation,for it would eat up my savings.我度不起假，那样会把我的积蓄用光的。
- By this time he had used up all his savings.到这时，他的存款已全部用完。
- The pay increase is the key point of contention. 加薪是争论的焦点。
- The real bone of contention,as you know,is money.你知道，争论的真正焦点是钱的问题。