SFAA Q3 Reveals Low Loss Ratio for Merchants
January 12, 2021
The Surety and Fidelity Association of America (SFAA) recently released third quarter results and Merchants Bonding Company maintains a low loss ratio of 1.3% compared to the industry average of 22.3% among surety writers nationwide! Merchants also ranked 13 in the nation with 2% market share.
These results are a testament to Merchants' associates’ hard work, dedication and our consistent, common sense underwriting philosophy through changing economic conditions.
For more information on the Surety and Fidelity Association of America (SFAA) visit https://surety.org/