Credit and surety insurance premiums and claims in the EU-27 as a whole 2020-2021
cost of large construction projects can reach billions and suretyship insurance can increase the financial security of the parties.
In 2021, the value of gross earning credit and suretyship insurance was three times larger than the value of claims incurred in the 27 countries of the European Union. This type of insurance is commonly used for construction projects to ensure that the contractual obligations will be met. The