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English to Chinese translations [PRO] Bus/Financial - Insurance
English term or phrase:suffering from an abundance of both
FIRST came investment banking; then mutual funds; now the insurance industry is mired in scandal, the latest target of Eliot Spitzer, New York's formidable attorney-general. On October 14th he filed civil charges against Marsh & McLennan, the world's biggest insurance broker, and announced settlements of criminal charges with two employees at AIG, the world's biggest insurer, and one at ACE, a big property-casualty insurer. The charges are part of an ongoing investigation into industry practices that suggest insurers and brokers have acted collectively (and secretly) to betray customers. An added twist is that the three main companies so far involved are led by members of the Greenberg family: Hank Greenberg is the legendary boss of AIG; his eldest son Jeffrey runs Marsh; and his younger son Evan is in charge at ACE. A business often thought to lack personality and drama is now suffering from an abundance of both.
先是投资银行，后是共同基金，现在保险行业卷入了丑闻。保险业成了纽约州位高权重的检察总长埃利奥特·斯皮策最近关注的对象。10月14日，斯皮策对全球最大的保险经纪公司：马什－麦克伦南（Marsh & McLennan）提起了民事控诉，并且宣布与全球最大保险公司：美国国际集团（AIG）的两名雇员以及知名财产和意外保险公司ACE的一名雇员达成了调解。这起控告是对行业做法的现行调查的一部分。调查表明，保险公司和经纪公司暗中串通起来出卖客户。更让人意想不到的是，迄今为止，牵涉其中的这三家主要公司的领导人都是格林伯格家庭的成员：汉克·格林伯格，AIG颇具传奇色彩的老板；长子杰弗里，掌管马什；次子埃文负责ACE。往往被人们认为缺乏新闻人物和戏剧性事件的行业如今这两方面却是泛滥成灾（？？）。