The taxes that insurance companies pay-which increased materially, though on a delayed basis, upon enactment of the Tax Reform Act of 1986 - took a further turn for the worse at the end of 1987.

• 去年在年报中详述刚通过的税负改革法案，使得保险公司支付的税负以递延渐进的形式大幅增加，这种情况在1987年更加恶化，