Word: premiums
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...inspiration than any other English Gothic church, the Abbey has one feature that is missing in France's cathedrals-a wide viewing-gallery atop its first level. One reason: the Abbey is a royal church; extra room for viewing of royal ceremonies has always been at a premium...
...them down so much that it really hurt. Despite a net underwriting loss of $759,000 over its last 18-month reporting period, the company showed an overall profit of $10 million, paid its 14,373 shareholders about 75% of that in dividends. How? By astute investment of premium income. Swiss Re owns $811 million in interest-bearing investments and has cash reserves of $31 million-enough, suggested one hyperimaginative financial writer recently, to cover the cost of the end of the world. Says Chairman Max E. Eisenring, 55: "The writer is overstating it by a shade...
Flamencos & Astronauts. Even deter gents, capital offenders of eyes and eardrums, have begun to inject a light touch. Lever Brothers' Breeze includes a towel as a premium in its package, and spends much of its precious 60 seconds showing a man flamencoing in the bathroom, snapping the towel about his shoulders and abruptly turning into Jose Greco when the spirit moves him. Presumably his wife is Breezing the dishes, but she never appears...
Last week the barristers revealed their simple and highly unusual solution. With Scarman's approval, they took out $840,000 worth of short-term life and disability insurance on the judge (premium: about $7,500), with a guaranteed payoff if for any conceivable reason he is unable to render a judgment. Happily, this week, Justice Scarman, still in good health, is scheduled to return and issue his decision...
...Alamos payroll of 3,700 people -virtually the entire community labor force-the AEC employs 478 Ph.D.s, 316 people with M.S. degrees and 618 with B.S. degrees. This concentration of intellect has pressured Los Alamos schools into keeping pace by adopting advanced curriculums, has placed a premium on educational excellence. Los Alamos children have heredity and environment on their side even before they start school. "They seem to be under some compulsion to get their education finished before they fool around with any of the problems of puberty," says School Superintendent C. W. Richard. Police records bear him out. There...