Plenum Investments news

The subordinated insurance debt market is anticipated to outperform again in 2026, after a landmark year of Restricted Tier 1 (RT1) issuance in 2025. Plenum Investments has affirmed its optimistic outlook, believing that subordinated insurance debt will persist in providing enhanced risk-adjusted returns compared to the wider credit markets.

The latest data from the Plenum CAT Bond UCITS Fund Indices shows that the entire group averaged a 9.99% return for the latest available twelve month period, while the lower and higher-risk cohorts of UCITS cat bond funds each averaged a 10.02% return.

Plenum Investments, the specialist manager of catastrophe bond and other reinsurance-linked assets, has announced that its two flagship CAT bond funds have achieved significant milestones, reaching a total combined volume of over $1.1 billion.

The average year-to-date return of catastrophe bond investment funds in the UCITS format in 2025 reached 9.60% by November 28th, while some strategies in the category of pure cat bond funds have moved into the double-digits at this stage, according to the latest data from the Plenum CAT Bond UCITS Fund Indices.

Catastrophe bond investment funds in the UCITS format have continued to deliver strong returns for their investors through October, with the average 2025 year-to-date return for these cat bond funds running at 8.88% by the end of that month, according to the latest data from the Plenum CAT Bond UCITS Fund Indices.

Speaking during a recent webinar, Dirk Schmelzer, Senior Portfolio Manager for ILS at Plenum Investments AG, outlined that while the organisation expects another decrease in catastrophe bond risk spreads of around 10–15%, the market remains very healthy and is expected to expand further in both size and the range of risks transferred to the cat […]

With some months now passed since the ESMA recommendation regarding the eligibility of catastrophe bonds within UCITS investment fund structures, Daniel Grieger of Plenum Investments has highlighted how national regulators are not all in agreement.

Plenum Investments AG, the Swiss based specialist manager of catastrophe bond and insurance-linked securities (ILS) funds, has experienced substantial growth in assets raised for its Plenum European Insurance Bond Fund, a UCITS investment strategy focused on the debt issuances of European insurers.

Continued strong seasonality lifted the average 2025 year-to-date return of UCITS catastrophe bond investment funds to 7.25% by September 26th, according to the latest data from the Plenum CAT Bond UCITS Fund Indices.

Seasonality related to the Atlantic hurricane season, alongside still strong baseline risk spreads and collateral return all helped to boost the average performance for the Plenum CAT Bond UCITS Fund Indices to a 5.79% return year-to-date, as of August 29th 2025.