insurance private debt

A mixed catastrophe bond and subordinated insurance debt insurance-linked securities (ILS) fund managed by Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, hit $150 million in assets in its first year and delivered over 10% gross performance.

Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has announced the launch of a new UCITS investment strategy focused on the debt issuances of European insurers.

Just nine months into its life, the latest insurance-linked securities (ILS) fund launch from Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has surpassed $100 million of assets under management.

Insurance-linked securities (ILS) strategies focused on peak peril exposures deliver capital to the locations “where it is needed the most” in the insurance and reinsurance industry, so providing enhanced returns and supporting the traditional re/insurance market, ILS fund manager Twelve Capital has said.

The insurance-linked securities (ILS) market is expected to continue to experience an upward trajectory next year, with growth in ILS allocations expected in 2021, according to investment manager Twelve Capital.

The combination of catastrophe bonds alongside insurance bonds within an investment portfolio can generate a “hidden source of alpha” for investors, offering them an “untapped source of risk premium”, specialist ILS investment manager Twelve Capital has said.

Twelve Capital, the Zurich headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, has appointed well-known ILS exec Tony Maximchuk as a Non-Executive Director for its Twelve Capital (UK) Limited operation.

The debt issuances of insurance and reinsurance carriers remain an attractive option for investors even under the shadow of the Covid-19 pandemic and there could be more opportunity to come.

Fixed income financial services investment specialist Cohen & Company, LLC has raised €375 million for new investment funds focused on provision of subordinated debt to the insurance and reinsurance sector in Europe.

Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has launched the Plenum Insurance Capital Fund, a UCITS ILS fund that will allocate to both catastrophe risks and subordinated insurance debt instruments.