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2026-03-10 11:26:00 -

Surety Market Forecast 2025–2031: 6.6% CAGR Driven by Infrastructure and Contracting Demand

Surety refers to a financial guarantee in which one party assures the performance or obligations of another party. In a surety agreement, three parties are typically involved: the principal, who is responsible for fulfilling an obligation; the obligee, who requires the guarantee; and the surety, usually an insurance company or financial institution that guarantees the...

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