Insurers and others are closely following efforts by the National Association of Insurance Commissioners (NAIC) to develop a new, comprehensive, “principles-based” definition of debt securities for ...
On August 26, 2021, the Statutory Accounting Principles (E) Working Group (SAPWG) of the National Association of Insurance Commissioners (NAIC) directed a new “43R study group” to continue work on a ...
Surety bonds protect interests in contracts, ensuring funds are available if obligations are unmet. They differ from investment bonds, focusing on guaranteeing contract fulfillment rather than earning ...
Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...
Fidelity bonds, also called employee dishonesty insurance, protect business owners in case of employee theft. Many, or all, of the products featured on this page are from our advertising partners who ...
Benchmark bonds set performance standards for other bonds. This article covers their definition, operation, and examples that ...