所有主-3: 美人の娘が、上司の自慢です。

Excite!&@nifty:
Beautiful woman's daughter is a boast of the superior.

Livedoor:
A beauty's daughter is boast of a superior official.

Yahoo!:
The daughter of the beautiful woman is the pride of the boss.

OCN:
Beauty's daughter is boss's pride.

BabelFish:
The daughter of the beauty, is pride of the superior.

Google:
Beautiful daughter, boasts boss.

Bing Translator:
Beautiful daughter is the boss boasts.

Summary)
Possessive expressions seem to be no problem...