以下为句子列表：
英文: Although the sophistication of insurers' underwriting and risk management has advanced by leaps and bounds in recent times, the regulation of the American market—by far the world's largest, with more than $1.1 trillion of direct premiums in 2005—has staye
中文: 现在的保险业和风险管理越来越复杂，美国对其的管理市场虽然是全世界最大的，在2005年更是达到1万1千亿保险费，但是它还停滞在19世纪州政府疏忽的系统中。
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英文: Although traditional advisory and underwriting services have recently improved, trading has been the fount of profitability.
中文: 尽管传统的咨询和承销服务情况有所改善，交易却一直是盈利的主要来源。
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英文: Article 10 The financial institution within the territory of China and the underwriting institution shall determine the interest rate or price for the issuance of RMB bonds through negotiations.
中文: 第十条人民币债券发行利率或发行价格由境内金融机构和承销机构协商确定。
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英文: Article 11 In issuing foreign capital stocks listed abroad within the total amount fixed in the stock issue plan, it may, with the approval of the Securities Committee of the State Council, agree with the underwriter(s) in the underwriting agreement to re
中文: 第十一条公司在发行计划确定的股份总数内发行境外上市外资股，经国务院证券委员会批准，可以与包销商在包销协议中约定，在包销数额之外预留不超过该次拟募集境外上市外资股数额15%的股份。
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英文: Article 22 An issuer of securities for public issuance has the right to choose independently an underwriting security company in accordance with law.
中文: 第二十二条公开发行证券的发行人有权依法自主选择承销的证券公司。
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