Plenum Investments
-
The fund is on course for its strongest year of returns since inception in 2014. -
The Florida hurricane season still has three months to run in a predicted above-average year.
-
Hurricane Idalia will reach Jacksonville but will have weakened by then
-
Tornados in the first six months of the year in the US were slightly above the 27-year average.
-
The ILS fund now comes in at the 26th spot on Trading Risk’s ILS fund manager directory.
-
The low-risk group of funds outperformed the high-risk funds in the month and year.
-
The independent Swiss ILS firm has developed the index to help investors compare fund performance.
-
The company said it expects portfolio positions to reflect the updated figures soon.
-
The outcomes were better than the Swiss Re global cat bond index decline after the major hurricane.
-
The cat bond specialist addressed potential losses on Florida wind-exposed bonds.
-
Following Typhoon Odette in 2021, the Philippines received a $52.5mn payout, leaving $97.5mn for future storms.
-
