Bond insurance executives made the case Wednesday that demand for their product still exists despite numerous headwinds that have reduced the insurable world of new product and created uncertainty among buyers.

According to Thomson Reuters, bond insurance in the first 10 months of this year totaled $12.2 billion, or 5.3% of the $229 billion floated this year. For the same period last year, 6.8% of the market was insured, or $23.4 billion.

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