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Financial Services: Developments in the Financial Guarantee Industry

GGD-87-84 Published: Jun 25, 1987. Publicly Released: Jun 25, 1987.
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Highlights

GAO assessed the insurance industry's development and use of financial guarantees, focusing on: (1) the scope and organization of the financial guarantee industry; (2) problems in the industry; and (3) current and proposed regulation of financial guarantees.

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Full Report (60 pages)

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Topics

Financial Markets and Institutions
Credit bureausstate relationsFinancial institutionsInformation disclosureInsurance companiesInsurance lossesInvestment insuranceProposed legislationSurety bondsWarranties