US insurers, cities well placed to cope with Irma and Harvey — moms and pops less so

Financial markets in the US reacted with relief today, as the devastation wrought in Florida by Hurricane Irma may be less bad than feared a few days ago. Most large US institutions affected ought to be financially strong enough to withstand the losses — but there could be heavy economic damage for people and businesses not covered by insurance.

  • By Jon Hay
  • 11 Sep 2017

The largest insurance and reinsurance stocks in the US have been through their biggest swings this year in the past week, as Hurricane Harvey lashed Texas and then Hurricane Irma devastated parts of the Caribbean before hitting Florida at the weekend.

But today, those stocks rose strongly, to ...

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Global Green Bonds

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 13.40 57 7.37%
2 Credit Agricole CIB 10.23 62 5.63%
3 BNP Paribas 9.92 61 5.45%
4 HSBC 9.65 70 5.31%
5 JPMorgan 8.27 54 4.55%