Page 2 - Performance Bonds News Today

If it wasn’t for her mother’s intervention, the two wouldn’t be married. 

There are various options open to mining companies seeking protection against non-performance by a contractor, and contractors seeking protection against non-payment by a client. By Tyron Theessen and Megan Jarvis* In the mining and construction industries, the non-performance of a contractor or ...

Private owners should seriously consider requiring the contractor to secure a performance bond when evaluating risks now inherent in construction projects.

Proposed changes to the treatment of trade finance in the EU’s capital requirements regulations could push up financing costs for businesses and allow insurers a bigger slice of the guarantees market, banks and borrowers claim. The European Commission published the final text of its proposed changes to the Capital Requirements Regulation (CRR) in October last ...

The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year.

The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year.The IRDAI has also ...

The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year.

Unlocking the global economy whilst meeting green commitments is entirely doable Its not just taxis going green in the City (Photo by Jim Dyson/Getty Images) The pause in economic activity brought about by Covid-19 has accelerated social and economic trends that were already underway, such as remote working, but it has also seen massive support to reconfiguring the world in a greener and leaner model when productivity levels accelerate again. If anything, this pandemic is larg...