Plenum: A $50bn Ian loss would push cat bond funds to loss
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Plenum: A $50bn Ian loss would push cat bond funds to loss

Liz Bury
30 September 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Plenum insurance linked capital logo.jpg

Plenum has said that if Hurricane Ian losses reach $50bn, its cat bond funds would take annual losses that are similar in scope to the 4%-12% returns they were targeting.

Some of the losses would be temporary, in that they reflect the effects of mark-to-market write-downs.

The expected annual loss on its Cat Bond Dynamic Fund would be 9%-12%.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsILS managersPlenum Investments
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article