They may be different strokes of a similar brush, but surety bonds offer compelling benefits as a form of security against contract default when compared to guarantees offered by banks. Clearing up the misconceptions around surety bonds But before we continue, it's...
An unconditional bank guarantee is widely regarded as being “as good as cash”. However, calling on a bank guarantee requires strict compliance with the wording of the guarantee. Check out Gadens article.
Andrew sat down with Jordan Lynn of Insurance Business Online to discuss how Assetinsure is leading the way in mining rehabilitation bonds. The full article link – click here.
Check out the AFR article from Peter Ker, interviewing our very own Andrew Calvert. //www.afr.com/business/mining/miners-want-to-liberate-10b-rehabilitation-war-chest-20180328-h0y39p
Swiss Re Corporate Solutions announcement Surety Bonds issued by Assetinsure and underwritten by Swiss Re – fully backed by the financial strength of the Swiss Re Group.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11997105 Great article in the NZ Herald on the issues in the construction industry both there and around the world.
http://www.afr.com/business/mining/peabodys-mine-rehab-bonds-an-australian-first-20180213-h0w0tp Great article in the AFR from Peter Ker – Mining Writer. Many thanks Peter for allowing us to share. Assetinsure were instrumental in developing this bond for Peabody...
Great Market Insight from HWL Ebsworth Lawyers on the Carillion collapase in the UK. Perhaps time to re-think financing in the Australian construction industry with Contract Performance Bonds without the need to tie up your assets....
Polczynski Lawyers – article regarding latest court rulings on Unconditional bonds. Click here for article – Polczynski Article Jan 2018.