3Mon·

Insurance shares mandatory for long-term wealth accumulation?

If Warren Buffett's Berkshire is already making a lot of money with insurance, it can't hurt me either 😁

My $ORI (+1.06%) I started building up my position in September 2021, until then I had only $ALV (+0.35%) and $AFL (+1.02%) in the portfolio. In the meantime $TRV (+0.47%) and recently also $AMP (-0.1%)
$BRO (+0.46%) have landed in the Scalable portfolio, in which I also invest in the "Ultimate Homer ETF" Trade Republic Depot via a savings plan, as well as $MUV2 (-0.27%)
$HNR1 (-0.41%)
$PGR (+0.3%)
$ALL (+1.31%)
$AJG (-0.06%)
$TLX (+0.28%)
$8766 (+3.25%) 😁

Which insurance companies are you with?

Old Republic balance sheet

Benchmark

Amazing that with a dividend aristocrat you could keep up well with the ETFs over the last 5 years 💪😁

Benchmark vs competition

20.03

Old Rep Intl

Received x230 Dividends at $0.29

$66.70

19 Comments

Susanne M.@Jogilein

3Mon

Ohaa so many insurances..... I don't know most of them. I have Allianz, Munich Re and the NN Group. I'll have to have a look at the others you mentioned, but they've come a long way too

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Leon@Investingyoung

3Mon

@Jogilein have been waiting months for a correction with gallagher and co

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Angelo von Finanzen Anders@Finanzen_Anders

3Mon

@Jogilein $NN are top. I also made a video about this

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Compounder@FirstCompounder

3Mon

Take a look at $FFH Fairfax Financial, similar to Berkshire but even more global. It is also growing almost as fast as $PGR Progressive.

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ynnxs@ynnxs

3Mon

@FirstCompounder I also like Fairfax and have it in my portfolio. I just have a bit of a stomachache because the really high returns only came after 2020 and I'm wondering whether the price hasn't risen a bit too quickly 😅

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user0e3jddwsjxu@user1d7gf8465j461735

3Mon

$NN $ALV more than satisfied 😍

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Sansebastian@Sansebastian

3Mon

$AJG 😎

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Michi@miwa1408

3Mon

TALANX is an insider tip

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Martin@CuriousBrewery

3Mon

@miwa1408 unfortunately already overrated

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Puki@Puki

3Mon

how will they perform when we have lower interest rates?

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Homer@Simpson

3Mon

@Puki https://youtu.be/0xu8WLJBOdM?si=9A6F-wpvqRA8f4IW

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Daniel Sun@DanielSun

3Mon

$TLX personal div. return of 8.5% :)

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aktien.pumper@aktienpumper

2Mon

Allianz and Münchener Rueck, goat Stocks!

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AnyoneForTennis@AnyoneForTennis

3Mon

Very interesting article! $AJG is more of an insurance broker though, $BRO apparently too. They're a bit out of line here, aren't they... 😉

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StewieGriffin@StewieGriffin

3Mon

Relying on reinsurers MUV2 and HNR1 for protection but considering adding Allianz to the portfolio

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Iwas M.@SSIT

3Mon

From Japan, I still find $8630 and $8795, as well as $VOYA from the USA, exciting.
Of course, both Japanese stocks have performed well since I added them to my watchlist. So I haven't found the entry point yet. 😭

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ynnxs@ynnxs

3Mon

Would you like to have a pure insurance portfolio? Well, I think that's a bit too much "fake diversification". Sure, you have a lot of companies, but they all correlate strongly with each other. In addition to Allianz, I would also add Hannover Re and possibly Munich Re to my portfolio. I would then supplement this with 2 primary insurers (preferably not from Germany), I have opted for Swiss Life ( $SLHN ) and Axa ( $CS ), but everyone has different preferences. This should be sufficiently diversified because more than 5 companies from one sector generally do not provide any additional diversification.

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userc7b02065b8a7407b@userc7b02065b8a7407b

1Mon

I have Allianz, MunichRe and Legal&General.

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Maximilian@Max095

1Mon

$WFIN might be a good alternative to cover everything 😊

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