承保 (chéng bǎo) — (v.) to underwrite; to insure (from the insurer's perspective)
Definition
An insurance-industry term: the insurer's side of accepting a risk and issuing a policy. Unlike 保险, which names the practice broadly, 承保 focuses on the act of the company agreeing to cover something.
verb
(v.) to underwriteto insure (from the insurer's perspective)
Examples
- 承保。Zhè jiā bǎo xiǎn gōng sī yuàn yì chéng bǎo hǎi wài fēng xiǎn.This insurance company is willing to underwrite overseas risks.
- 承保。Wǒ men gōng sī fù zé chéng bǎo dà xíng gōng chéng xiàng mù de bǎo xiǎn.Our company is responsible for underwriting insurance for large-scale engineering projects.
- 承保。Hé tong xiě míng bǎo xiǎn gōng sī bù chéng bǎo dì zhèn zào chéng de sǔn shī.The contract states that the insurance company does not cover losses caused by earthquakes.
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