Merchants Experiences Record Growth
June 14, 2019
Merchants Bonding Company experienced another strong first quarter with a 16% increase over 2018. The Surety & Fidelity Association of America (SFAA) released first quarter results for the top 100 surety writers and shows Merchants ranks #11 with 1.9% market share. Merchants’ loss ratio also remains strong at 7.1%, well below the industry average of 16.7%.
View the Q1 SFAA results here