Administrative bonds drive growth in the sector in the third quarter of 2021

At the end of the third quarter of 2021, the Bond operation presented a real annual growth of 11.8%, driven mainly by the administrative branch, as reported by the National Insurance and Bond Commission (CNS).

According to the document, the branches of administrative, credit and judicial bonds presented real annual growth of 18.4%, 1.8% and 46%, respectively, while fidelity bonds presented a decrease of 7 percent.

The bonding sector presented a combined index of 67.1%, a lower figure of 1.7 pp. to that reported in the third quarter of 2020.

It should be noted that by the end of 2021, the sector reported an increase in real annual direct premium of 3.2% compared to December 2020.

The gradual reopening of the economy and the return to the new normality have been determining factors that boosted the growth of the sector.

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