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Tag Archives: IRDAI guidelines

Surety Insurance Bonds for Infra development

With Infrastructure development poised for growth with 3.3% of the GDP allocated for it in FY 2024, Surety Insurance Bonds have emerged as a robust alternative to traditional bank guarantees for contractors who can unlock capital and enhance their bidding capacity. TATA AIG General Insurance has rolled out its own bonds with an aim to support the government’s ambitious infrastructure ...