Regulation of the Financial Guarantee Industry

T-GGD-88-2: Published: Oct 14, 1987. Publicly Released: Oct 14, 1987.

Additional Materials:


Office of Public Affairs
(202) 512-4800

GAO discussed the financial guarantee industry, specifically: (1) regulatory oversight; (2) the types of guarantees; and (3) the participants in the industry. GAO noted that there are two types of guarantees, including: (1) risk insurance, for investors' protection; and (2) credit enhancement, which improves the insured's credit rating. GAO found that: (1) insurance companies do not report financial guarantees separately; (2) the industry is growing rapidly; and (3) losses may have occurred because insurance companies assumed excessive risks. GAO also found that: (1) several states have enacted model legislation, which the National Association of Insurance Commissioners recommended, to require insurance firms to isolate financial guarantees from their other lines; and (2) many industry and state officials object to this approach.

Oct 20, 2017

Oct 2, 2017

  • auditing icon, source: PhotoDisc

    U.S. Territories:

    Public Debt Outlook
    GAO-18-160: Published: Oct 2, 2017. Publicly Released: Oct 2, 2017.

Sep 26, 2017

Jul 13, 2017

Jul 12, 2017

Jun 30, 2017

Jun 29, 2017

Jun 14, 2017

Jun 13, 2017

Looking for more? Browse all our products here