5Mon·

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 (+0.31%) I started building up my position in September 2021, until then I had only $ALV (-0.23%) and $AFL (+0.54%) in the portfolio. In the meantime $TRV (+0.48%) and recently also $AMP (-0.26%)
$BRO (+1.11%) 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 (-0.18%)
$HNR1 (-0.36%)
$PGR (+0.53%)
$ALL (-0.16%)
$AJG (+0.35%)
$TLX (+0.04%)
$8766 (-2.69%) 😁

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

5Mon

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

•

View all 2 further answers

Compounder@FirstCompounder

5Mon

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

•

ynnxs@ynnxs

5Mon

@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 😅

••

user0e3jddwsjxu@user1d7gf8465j461735

5Mon

$NN $ALV more than satisfied 😍

•

Sansebastian@Sansebastian

5Mon

$AJG 😎

•

Michi@miwa1408

5Mon

TALANX is an insider tip

•

Martin@CuriousBrewery

5Mon

@miwa1408 unfortunately already overrated

••

Puki@Puki

5Mon

how will they perform when we have lower interest rates?

•

Homer@Simpson

5Mon

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

•

Daniel Sun@DanielSun

5Mon

$TLX personal div. return of 8.5% :)

•

aktien.pumper@aktienpumper

4Mon

Allianz and Münchener Rueck, goat Stocks!

•

AnyoneForTennis@AnyoneForTennis

5Mon

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... 😉

••

Lebron@LebronJames

5Mon

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

••

Iwas M.@SSIT

5Mon

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. 😭

••

ynnxs@ynnxs

5Mon

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.

••

userc7b02065b8a7407b@userc7b02065b8a7407b

3Mon

I have Allianz, MunichRe and Legal&General.

••

Maximilian@Max095

3Mon

$WFIN might be a good alternative to cover everything 😊

••