Reinsurance Solutions
Surety Insurance
Surety bonds for bid, advance payment, performance and customs obligations as an alternative to bank guarantees.
Surety insurance covers the obligee's loss if the principal fails to fulfil a contractual obligation. It provides security in tender and contract processes without tying up bank limits and is among the products that support the capital adequacy of industry players.
Cover and product items
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01
Bid and performance bonds
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02
Advance payment bonds
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03
Contract performance bonds
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04
Customs and tax bonds