Press release
Surety Market to 2027 - Leading Players Crum & Forster, CNA Financial Corporation, American Financial Group, HCC Insurance Holdings, IFIC Surety Group, Chubb Limited, Liberty Mutual Insurance and The Travelers Indemnity Company
Global surety market is expected to grow from US$ 15.33 Bn in 2018 to US$ 28.77 Bn in 2027 at a CAGR of 7.5% between 2019 and 2027.An off-the-shelf report on Surety Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.
Surety market is experiencing good growth across all the geographical regions of the globe, with the increasing demand for infrastructural development as well as residential construction. Furthermore, the rising adoption of public-private partnership model is another factor fueling the growth of the market.
Get sample PDF copy of Surety Market study at: http://bit.ly/2TgfdNL
The major companies operating in the surety market include AmTrust Financial Services, Inc.; Crum & Forster; CNA Financial Corporation; American Financial Group, Inc.; The Travelers Indemnity Company; Liberty Mutual Insurance Company; Hartford Financial Services Group, Inc.; HCC Insurance Holdings; IFIC Surety Group; and Chubb Limited among others.
Contract surety bonds protects the owners in case a contractor backs out after winning a bid, after the contractor wins a bid and accepts to work on the project bid bond is replaced by a performance bond. The performance surety bond protects the owner, if the work done by the contractor is not according to the terms in the contract. The payment bond ensures that the winning contractor has the financial means to compensate suppliers, laborers, and subcontractors.
Surety Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Surety Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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The report segments the Global Surety Market as follows:
1.1.1 Global Surety Market – By Bond Type
• Contract Surety Bond
• Commercial Surety Bond
• Fidelity Surety Bond
• Court Surety Bond
1.1.2 Global Surety Market – By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o Spain
o UK
o Rest of Europe
• Asia Pacific (APAC)
o South Korea
o China
o Australia
o Japan
o Rest of APAC
• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
o Rest of MEA
• South America (SAM)
o Brazil
o Rest of SAM
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