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(Reuters)—New issues of insurance catastrophe bonds should rapidly rebound to pre-financial-crisis highs as securities markets stabilize, insurance broker Aon Benfield said Monday.

Investors are showing sustained interest in so-called cat bonds, which enable insurance companies to transfer big risks, such as for hurricane or earthquake damage, to financial market investors, while their prices have also remained attractive for sponsors of Read the rest of this entry »

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WASHINGTON (Insurance Headlines) – Republicansabandoned their effort to alter Wall Streetregulatory legislation in a key Senatecommittee yesterday, leaving the fight for the full Senate, and clouding prospects for a bipartisan bill.

Republicans had offered more than 300 amendments to legislation proposed by Senate Banking Committee Chairman Christopher Dodd,but they withdrew them over the weekend. That cleared the way for aquick party-line Read the rest of this entry »