Surety Market revenue is expected to grow by 5.8 % from 2022 to 2029
August 30, 2023 ⚊ 1 Min read ⚊ Views 33 ⚊ BUSINESS
As surety bonds are a critical tool for managing risk in various industries, governments and regulatory bodies have become more focused on ensuring that surety companies are properly regulated and managed. For example, in the US, the National Association of Insurance Commissioners (NAIC) has established regulatory guidelines for the surety industry, which include capital and reserve requirements, underwriting standards, and reporting requirements.
Tags: Surety Market
