Plenum Investments Ltd.
The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is a one-stop resource for information on insurance or reinsurance linked investment managers and their ILS fund strategies.
Plenum Investments Ltd. - snapshot
- ILS manager or company name: Plenum Investments Ltd.
- Location (HQ / Domicile): Zurich, Switzerland
- Date of launch: Nov 2001 (2010 launched ILS/CAT business)
- Assets under management *: $1.9 billion (AuM as at Nov 2025)
- Website link: Plenum Investments Ltd. website
Plenum Investments Ltd. - Details
Team size and structure:
5 dedicated ILS staff. 14 staff across the firm.
Offers private managed accounts?
Yes
Strategy
Self restriction on fund capacity to ensure selectivity competence and optimal liquidity terms for our investors, focus on CAT Bonds and UCITS funds, risk-return optimized strategy, efficiency driven (low recovery factor).
Company background and core investment fund offering
Plenum Investments is a specialist independent investment manager with a focus on insurance-related risks, allocating on behalf of institutional and professional clients.
Plenum Investments was founded in 2001 and has been managing catastrophe bond funds since 2010. The company also manages strategies focused on insurance bonds, as well as blended strategies combining cat bonds with insurance bonds.
The Plenum CAT Bond Defensive Fund has a track record dating back to 2010 and offers balanced diversification with conservative tail risk management across the catastrophe bond market, providing investors access to reinsurance returns in UCITS format.
The Plenum CAT Bond Dynamic Fund offers a selective investment approach in catastrophe bonds to achieve higher compensation and excess returns, but with a market-like level of tail risk. This UCITS strategy has a higher return target than the Defensive cat bond fund and was launched at the end of 2021.
The Plenum Insurance Capital Fund was launched in 2020 and allocates capital across both catastrophe bonds and subordinated insurance bonds, allowing investors to benefit from the complementary return profiles of these two types of assets in a UCITS fund structure, while paying attention to global diversification and benefiting from premium differences between the two asset classes.
The Plenum European Insurance Bond Fund was incepted in 2021 and is a UCITS investment strategy focused on the debt issuances of European insurers. This strategy invests in subordinated bonds issued by European insurers and reinsurers, allocating to all categories but with a particular focus on Restricted Tier 1 (RT1) instruments.
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Disclaimer:
The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is provided as-is. Best efforts are made to ensure the contents are accurate at the time of publication but there may be some omissions. Please contact Artemis should you require a change to your ILS manager listing.
*Note: Assets under management are prone to fluctuation so the figures here are either the best available or last submitted by included managers.
It is not always possible for us to track the ‘usable’ assets under management (AUM) of most ILS managers, so the figures above tend to include an element of trapped capital. Few ILS managers report AUM figures that exclude trapped capital, unless they have fronting or other arrangements in front of their ILS funds that allow them to do so more readily.
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