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)
Easily confused

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.

Origin

Compound word
构词法gòucífǎ
动宾dòngbīnVerb + object

An action followed by what it acts on, fused into one word.

承chéngundertake
保bǎoinsurance

承 (undertake) and 保 (insurance) mean to take on insurance responsibility.

Characters in this word

Two or more meaningful parts placed together so that their meanings combine into a new one.

  • 卩卩jiékneeling person
  • 廾廾gǒngboth hands

承 combines 卩, a kneeling person, and 廾, both hands, to show holding or carrying.

Open 承 →

Two or more meaningful parts placed together so that their meanings combine into a new one.

保 originally showed a person 人 carrying a child 子 on their back, which led to the sense of protecting.

Open 保 →

Browse more HSK 7-9 words or search the full 43,000-word dictionary.