Bond Insurers Show Strong Gains

NU Online News Service, May 15, 4:15 p.m. EST--Despite a "challenging" corporate credit environment and the events of Sept. 11, the bond insurance industry had a record year in 2001, with highs set by most companies in par originated and premiums written, according to a new report published today by Fitch Ratings.

In 2001, bond insurers' total par originated was up 37.6 percent and adjusted gross premiums written were up 38.4 percent, Fitch said.

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