Global Surety Supply, Demand and Key Producers, 2023-2029

Description

The global Surety market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

In finance, a surety, surety bond or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation. The person or company providing the promise is also known as a "surety" or as a "guarantor".

This report studies the global Surety demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Surety, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Surety that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Surety total market, 2018-2029, (USD Million)
Global Surety total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Surety total market, key domestic companies and share, (USD Million)
Global Surety revenue by player and market share 2018-2023, (USD Million)
Global Surety total market by Type, CAGR, 2018-2029, (USD Million)
Global Surety total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Surety market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Crum & Forster, CNA Financial Corporation, American Financial Group, Inc., The Travelers Indemnity Company, Liberty Mutual Insurance Company, The Hartford, HCC Insurance Holdings Inc., Chubb and AmTrust Financial Services, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Surety market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Surety Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Surety Market, Segmentation by Type
    Contract Surety Bond
    Commercial Surety Bond
    Court Surety Bond
    Fidelity Surety Bond

Global Surety Market, Segmentation by Application
    Government Agency
    Enterprise

Companies Profiled:
    Crum & Forster
    CNA Financial Corporation
    American Financial Group, Inc.
    The Travelers Indemnity Company
    Liberty Mutual Insurance Company
    The Hartford
    HCC Insurance Holdings Inc.
    Chubb
    AmTrust Financial Services
    IFIC Security Group

Key Questions Answered
1. How big is the global Surety market?
2. What is the demand of the global Surety market?
3. What is the year over year growth of the global Surety market?
4. What is the total value of the global Surety market?
5. Who are the major players in the global Surety market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Surety Introduction
    1.2 World Surety Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Surety Total Market by Region (by Headquarter Location)
        1.3.1 World Surety Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Surety Market Size (2018-2029)
        1.3.3 China Surety Market Size (2018-2029)
        1.3.4 Europe Surety Market Size (2018-2029)
        1.3.5 Japan Surety Market Size (2018-2029)
        1.3.6 South Korea Surety Market Size (2018-2029)
        1.3.7 ASEAN Surety Market Size (2018-2029)
        1.3.8 India Surety Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Surety Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Surety Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Surety Consumption Value (2018-2029)
    2.2 World Surety Consumption Value by Region
        2.2.1 World Surety Consumption Value by Region (2018-2023)
        2.2.2 World Surety Consumption Value Forecast by Region (2024-2029)
    2.3 United States Surety Consumption Value (2018-2029)
    2.4 China Surety Consumption Value (2018-2029)
    2.5 Europe Surety Consumption Value (2018-2029)
    2.6 Japan Surety Consumption Value (2018-2029)
    2.7 South Korea Surety Consumption Value (2018-2029)
    2.8 ASEAN Surety Consumption Value (2018-2029)
    2.9 India Surety Consumption Value (2018-2029)

3 World Surety Companies Competitive Analysis
    3.1 World Surety Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Surety Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Surety in 2022
        3.2.3 Global Concentration Ratios (CR8) for Surety in 2022
    3.3 Surety Company Evaluation Quadrant
    3.4 Surety Market: Overall Company Footprint Analysis
        3.4.1 Surety Market: Region Footprint
        3.4.2 Surety Market: Company Product Type Footprint
        3.4.3 Surety Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Surety Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Surety Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Surety Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Surety Consumption Value Comparison
        4.2.1 United States VS China: Surety Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Surety Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Surety Companies and Market Share, 2018-2023
        4.3.1 United States Based Surety Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Surety Revenue, (2018-2023)
    4.4 China Based Companies Surety Revenue and Market Share, 2018-2023
        4.4.1 China Based Surety Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Surety Revenue, (2018-2023)
    4.5 Rest of World Based Surety Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Surety Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Surety Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World Surety Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Contract Surety Bond
        5.2.2 Commercial Surety Bond
        5.2.3 Court Surety Bond
        5.2.4 Fidelity Surety Bond
    5.3 Market Segment by Type
        5.3.1 World Surety Market Size by Type (2018-2023)
        5.3.2 World Surety Market Size by Type (2024-2029)
        5.3.3 World Surety Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Surety Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Government Agency
        6.2.2 Enterprise
    6.3 Market Segment by Application
        6.3.1 World Surety Market Size by Application (2018-2023)
        6.3.2 World Surety Market Size by Application (2024-2029)
        6.3.3 World Surety Market Size by Application (2018-2029)

7 Company Profiles
    7.1 Crum & Forster
        7.1.1 Crum & Forster Details
        7.1.2 Crum & Forster Major Business
        7.1.3 Crum & Forster Surety Product and Services
        7.1.4 Crum & Forster Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 Crum & Forster Recent Developments/Updates
        7.1.6 Crum & Forster Competitive Strengths & Weaknesses
    7.2 CNA Financial Corporation
        7.2.1 CNA Financial Corporation Details
        7.2.2 CNA Financial Corporation Major Business
        7.2.3 CNA Financial Corporation Surety Product and Services
        7.2.4 CNA Financial Corporation Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 CNA Financial Corporation Recent Developments/Updates
        7.2.6 CNA Financial Corporation Competitive Strengths & Weaknesses
    7.3 American Financial Group, Inc.
        7.3.1 American Financial Group, Inc. Details
        7.3.2 American Financial Group, Inc. Major Business
        7.3.3 American Financial Group, Inc. Surety Product and Services
        7.3.4 American Financial Group, Inc. Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 American Financial Group, Inc. Recent Developments/Updates
        7.3.6 American Financial Group, Inc. Competitive Strengths & Weaknesses
    7.4 The Travelers Indemnity Company
        7.4.1 The Travelers Indemnity Company Details
        7.4.2 The Travelers Indemnity Company Major Business
        7.4.3 The Travelers Indemnity Company Surety Product and Services
        7.4.4 The Travelers Indemnity Company Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 The Travelers Indemnity Company Recent Developments/Updates
        7.4.6 The Travelers Indemnity Company Competitive Strengths & Weaknesses
    7.5 Liberty Mutual Insurance Company
        7.5.1 Liberty Mutual Insurance Company Details
        7.5.2 Liberty Mutual Insurance Company Major Business
        7.5.3 Liberty Mutual Insurance Company Surety Product and Services
        7.5.4 Liberty Mutual Insurance Company Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 Liberty Mutual Insurance Company Recent Developments/Updates
        7.5.6 Liberty Mutual Insurance Company Competitive Strengths & Weaknesses
    7.6 The Hartford
        7.6.1 The Hartford Details
        7.6.2 The Hartford Major Business
        7.6.3 The Hartford Surety Product and Services
        7.6.4 The Hartford Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 The Hartford Recent Developments/Updates
        7.6.6 The Hartford Competitive Strengths & Weaknesses
    7.7 HCC Insurance Holdings Inc.
        7.7.1 HCC Insurance Holdings Inc. Details
        7.7.2 HCC Insurance Holdings Inc. Major Business
        7.7.3 HCC Insurance Holdings Inc. Surety Product and Services
        7.7.4 HCC Insurance Holdings Inc. Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 HCC Insurance Holdings Inc. Recent Developments/Updates
        7.7.6 HCC Insurance Holdings Inc. Competitive Strengths & Weaknesses
    7.8 Chubb
        7.8.1 Chubb Details
        7.8.2 Chubb Major Business
        7.8.3 Chubb Surety Product and Services
        7.8.4 Chubb Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 Chubb Recent Developments/Updates
        7.8.6 Chubb Competitive Strengths & Weaknesses
    7.9 AmTrust Financial Services
        7.9.1 AmTrust Financial Services Details
        7.9.2 AmTrust Financial Services Major Business
        7.9.3 AmTrust Financial Services Surety Product and Services
        7.9.4 AmTrust Financial Services Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.9.5 AmTrust Financial Services Recent Developments/Updates
        7.9.6 AmTrust Financial Services Competitive Strengths & Weaknesses
    7.10 IFIC Security Group
        7.10.1 IFIC Security Group Details
        7.10.2 IFIC Security Group Major Business
        7.10.3 IFIC Security Group Surety Product and Services
        7.10.4 IFIC Security Group Surety Revenue, Gross Margin and Market Share (2018-2023)
        7.10.5 IFIC Security Group Recent Developments/Updates
        7.10.6 IFIC Security Group Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Surety Industry Chain
    8.2 Surety Upstream Analysis
    8.3 Surety Midstream Analysis
    8.4 Surety Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Surety Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Surety Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Surety Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Surety Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Surety Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Surety Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Surety Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Surety Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Surety Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Surety Players in 2022
    Table 12. World Surety Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Surety Company Evaluation Quadrant
    Table 14. Head Office of Key Surety Player
    Table 15. Surety Market: Company Product Type Footprint
    Table 16. Surety Market: Company Product Application Footprint
    Table 17. Surety Mergers & Acquisitions Activity
    Table 18. United States VS China Surety Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Surety Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Surety Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Surety Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Surety Revenue Market Share (2018-2023)
    Table 23. China Based Surety Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Surety Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Surety Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Surety Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Surety Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Surety Revenue Market Share (2018-2023)
    Table 29. World Surety Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World Surety Market Size by Type (2018-2023) & (USD Million)
    Table 31. World Surety Market Size by Type (2024-2029) & (USD Million)
    Table 32. World Surety Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World Surety Market Size by Application (2018-2023) & (USD Million)
    Table 34. World Surety Market Size by Application (2024-2029) & (USD Million)
    Table 35. Crum & Forster Basic Information, Area Served and Competitors
    Table 36. Crum & Forster Major Business
    Table 37. Crum & Forster Surety Product and Services
    Table 38. Crum & Forster Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. Crum & Forster Recent Developments/Updates
    Table 40. Crum & Forster Competitive Strengths & Weaknesses
    Table 41. CNA Financial Corporation Basic Information, Area Served and Competitors
    Table 42. CNA Financial Corporation Major Business
    Table 43. CNA Financial Corporation Surety Product and Services
    Table 44. CNA Financial Corporation Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. CNA Financial Corporation Recent Developments/Updates
    Table 46. CNA Financial Corporation Competitive Strengths & Weaknesses
    Table 47. American Financial Group, Inc. Basic Information, Area Served and Competitors
    Table 48. American Financial Group, Inc. Major Business
    Table 49. American Financial Group, Inc. Surety Product and Services
    Table 50. American Financial Group, Inc. Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. American Financial Group, Inc. Recent Developments/Updates
    Table 52. American Financial Group, Inc. Competitive Strengths & Weaknesses
    Table 53. The Travelers Indemnity Company Basic Information, Area Served and Competitors
    Table 54. The Travelers Indemnity Company Major Business
    Table 55. The Travelers Indemnity Company Surety Product and Services
    Table 56. The Travelers Indemnity Company Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. The Travelers Indemnity Company Recent Developments/Updates
    Table 58. The Travelers Indemnity Company Competitive Strengths & Weaknesses
    Table 59. Liberty Mutual Insurance Company Basic Information, Area Served and Competitors
    Table 60. Liberty Mutual Insurance Company Major Business
    Table 61. Liberty Mutual Insurance Company Surety Product and Services
    Table 62. Liberty Mutual Insurance Company Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. Liberty Mutual Insurance Company Recent Developments/Updates
    Table 64. Liberty Mutual Insurance Company Competitive Strengths & Weaknesses
    Table 65. The Hartford Basic Information, Area Served and Competitors
    Table 66. The Hartford Major Business
    Table 67. The Hartford Surety Product and Services
    Table 68. The Hartford Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. The Hartford Recent Developments/Updates
    Table 70. The Hartford Competitive Strengths & Weaknesses
    Table 71. HCC Insurance Holdings Inc. Basic Information, Area Served and Competitors
    Table 72. HCC Insurance Holdings Inc. Major Business
    Table 73. HCC Insurance Holdings Inc. Surety Product and Services
    Table 74. HCC Insurance Holdings Inc. Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. HCC Insurance Holdings Inc. Recent Developments/Updates
    Table 76. HCC Insurance Holdings Inc. Competitive Strengths & Weaknesses
    Table 77. Chubb Basic Information, Area Served and Competitors
    Table 78. Chubb Major Business
    Table 79. Chubb Surety Product and Services
    Table 80. Chubb Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 81. Chubb Recent Developments/Updates
    Table 82. Chubb Competitive Strengths & Weaknesses
    Table 83. AmTrust Financial Services Basic Information, Area Served and Competitors
    Table 84. AmTrust Financial Services Major Business
    Table 85. AmTrust Financial Services Surety Product and Services
    Table 86. AmTrust Financial Services Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 87. AmTrust Financial Services Recent Developments/Updates
    Table 88. IFIC Security Group Basic Information, Area Served and Competitors
    Table 89. IFIC Security Group Major Business
    Table 90. IFIC Security Group Surety Product and Services
    Table 91. IFIC Security Group Surety Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 92. Global Key Players of Surety Upstream (Raw Materials)
    Table 93. Surety Typical Customers
List of Figure
    Figure 1. Surety Picture
    Figure 2. World Surety Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Surety Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Surety Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Surety Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Surety Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Surety Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Surety Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Surety Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Surety Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Surety Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Surety Revenue (2018-2029) & (USD Million)
    Figure 13. Surety Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Surety Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Surety Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Surety Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Surety Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Surety Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Surety Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Surety Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Surety Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Surety Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Surety by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Surety Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Surety Markets in 2022
    Figure 27. United States VS China: Surety Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Surety Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Surety Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Surety Market Size Market Share by Type in 2022
    Figure 31. Contract Surety Bond
    Figure 32. Commercial Surety Bond
    Figure 33. Court Surety Bond
    Figure 34. Fidelity Surety Bond
    Figure 35. World Surety Market Size Market Share by Type (2018-2029)
    Figure 36. World Surety Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 37. World Surety Market Size Market Share by Application in 2022
    Figure 38. Government Agency
    Figure 39. Enterprise
    Figure 40. Surety Industrial Chain
    Figure 41. Methodology
    Figure 42. Research Process and Data Source