4Mon·

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 (+0.49%) I started building up my position in September 2021, until then I had only $ALV (-0.78%) and $AFL (+0.3%) in the portfolio. In the meantime $TRV (+1.35%) and recently also $AMP (+0.43%)
$BRO (+0.87%) 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 (-6.36%)
$HNR1 (-4.65%)
$PGR (+0.19%)
$ALL (+0.44%)
$AJG (+0.46%)
$TLX (-2.76%)
$8766 (+0.05%) 😁

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

4Mon

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

4Mon

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

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Angelo von Finanzen Anders@Finanzen_Anders

4Mon

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

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Compounder@FirstCompounder

4Mon

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

4Mon

@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

4Mon

$NN $ALV more than satisfied 😍

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Sansebastian@Sansebastian

4Mon

$AJG 😎

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Michi@miwa1408

4Mon

TALANX is an insider tip

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Martin@CuriousBrewery

4Mon

@miwa1408 unfortunately already overrated

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Puki@Puki

4Mon

how will they perform when we have lower interest rates?

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Homer@Simpson

4Mon

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

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Daniel Sun@DanielSun

4Mon

$TLX personal div. return of 8.5% :)

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aktien.pumper@aktienpumper

4Mon

Allianz and Münchener Rueck, goat Stocks!

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AnyoneForTennis@AnyoneForTennis

4Mon

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

4Mon

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

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Iwas M.@SSIT

4Mon

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

4Mon

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

2Mon

I have Allianz, MunichRe and Legal&General.

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Maximilian@Max095

2Mon

$WFIN might be a good alternative to cover everything 😊

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