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In 2023, the value of gross earning credit and suretyship insurance premiums were twice as high as the value of claims incurred in the ** countries of the European Union. In that year, gross earned premiums amounted to *** billion euros in comparison with *** billion euros in gross claims incurred. This type of insurance is commonly used for construction projects to ensure that the contractual obligations will be met. The cost of large construction projects can reach billions and suretyship insurance can increase the financial security of the parties.
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
