Posts
147I'm doing so well that I'm flying thousands of kilometers to drink gin and tonic in Cyprus.
I also invested the money from the EUR/USD short trade.
Very clear investment recommendation for Cyprus, price-performance ratio is impeccable, rather the English "upper class" in Pafos, like Mallorca 30 years ago.
History:
$LMND (+10.47%) is an insurance company that was founded as a public benefit corporation and has its headquarters in New York and its European branch in Amsterdam. Lemonade has been traded as a public company on the New York Stock Exchange since July 2020.
$LMND (+10.47%) Insurance was founded in 2015 by Daniel Schreiber and Shai Wininger with the goal of revolutionizing the insurance industry through technology. The company started by providing home insurance and relies heavily on artificial intelligence and chatbots for claims processing and customer service.
$LMND (+10.47%) has experienced rapid expansion, including an IPO in 2020 and expansion into Germany
business model:
Lemonade, Inc. offers renters, homeowners, auto, pet and life insurance.
Current market capitalization 3 billion
The company's full-stack, artificial intelligence-powered insurance carriers in the United States and European Union replace brokers and bureaucracy with bots and machine learning. The company's digital substrate enables it to integrate marketing and onboarding with underwriting and claims processing, and to collect and utilize data.
Its technology includes Data Advantage,
AI Maya, AI Jim, CX.AI, Forensic Graph, Blender and Cooper.
AI Maya, the onboarding and customer experience bot, uses natural language to assist customers in the onboarding process.
AI Jim, the claims reporting bot, receives the customer's first claim and pays the claimant or rejects the claim without human intervention.
The company offers pet insurance policies that cover diagnoses, procedures, medication, accidents or illnesses. Even the basic pet insurance covers blood tests, urinalysis, laboratory tests and CT scans.
What is the Lemonade $LMND (+10.47%)
Giveback?
Giveback is at the heart of Lemonade. This core element of the business model enables customers to use their Lemonade insurance policies to support causes that are close to their hearts.
Since 2017, Lemonade has $LMND (+10.47%) donated over 10 million US dollars to help build new homes, provide clean water, improve education, promote animal rights and much more.
Here's how it works:
When a customer purchases a $LMND (+10.47%) renters, homeowners, auto or pet insurance, charges a flat fee to cover $LMND (+10.47%) a flat fee to support and grow the business. A portion of the premiums goes towards claims settlement and the balance goes directly to one of their Giveback Partners - non-profit organizations selected by our customers.
$LMND (+10.47%) is a non-profit corporation:
$LMND (+10.47%) is a Public Benefit Corporation and a certified B Corp, which means they are legally committed to making a positive social impact. B Corp certification is awarded to companies that demonstrate that they balance profit and purpose while putting people and the planet at the center.
Every three years, they undergo a comprehensive assessment of their entire organization.
Number of employees: 1 258 (end of 2024)
Profitability:
$LMND (+10.47%) Approaching a turning point, possibly offering a promising investment opportunity.
Profitability increases with size, as costs do not rise due to additional premiums, as is normally the case with conventional insurance companies.
Management expects EBITDA profitability in 2026 and net profit profitability in 2027.
They see an extremely clear path to profitability:
They also have a clear path to profitability :
- Loss ratio from 92% to 73
- Net profit margin -123% to -20.2%
- Continued increase in sales growth rates
Growth:
Growth is currently still controlled, but the real growth is yet to come, with sales growth rates continuing to rise in the last two quarters.
They have been able to achieve these growth rates without an expansive expansion (both in existing and additional potential states) of automobile insurance, which represents a huge opportunity for $LMND (+10.47%) represents a huge opportunity.
Car insurance
$LMND (+10.47%) currently has around 2.3 million customers who use renters, pet and other insurance products. These customers use $LMND (+10.47%) for one reason: favorable price and convenience.
The share of car insurance is currently still very small and has a lot of room for expansion, so if we were to assume that only 30% of them become car insurance customers with an average annual turnover of USD 1,800, that would be an additional USD 1.24 billion in turnover per year ... just by cross-selling 30% (without any other new customers)
Pet insurance:
The pet insurance market was a $5 billion market in the US last year. It is expected to reach 6 billion dollars in 2025 and 15.7 billion dollars by 2030, growing by 22% annually.
$LMND (+10.47%) - Total annual premiums recently surpassed the $1 billion mark. So if you were to capture 50% of the pet insurance market, premiums would increase eightfold in just five years (800% assuming the projected growth above)
Trupanion (green line) has a 25% market share today. $LMND (blue line) is around 5%.
However, the search trend will continue to have a positive effect for $LMND (+10.47%) especially as it is only just beginning to expand further into all states. (This also applies to the other insurance segments)
Opportunities/long-term potential:
I think the future possibilities and opportunities for $LMND (+10.47%) a supposedly boring industry are enormous.
The insurance market has one of the largest TAMs of all.
The global insurance market was worth around USD 8 trillion in 2024. The USA and China are the largest insurance markets worldwide, with the USA leading the way with a market share of around 45% and China with around 10%.
$ALV (+2%)
$MUV2 (+1.68%) , $HNR1 (+0.49%) , $PGR (+2.3%) , $GEC , $ALL (+0.76%) , $AIG (+1.51%) , $UNH (-1.67%) , $CVS (+0.48%) , $UQA (+0.81%) , $G (-0.22%) , $VIG (-0.65%)
+ 3
The reinsurance company Munich Re $MUV2 (+1.68%) is withdrawing from several international climate initiatives at the same time, following the example of $BLK (+0.82%) which also announced a comprehensive withdrawal from climate policy just last week.
While the company used to be one of the loudest advocates of climate policy and net zero targets, it is now justifying its withdrawal with increasing legal uncertainty and and inconsistent regulatory requirements in various countries. CEO Joachim Wenning also criticizes the fact that many climate reporting obligations have hardly contributed to reducing emissions. However, he affirms that Munich Re will continue to work behind the scenes to protect the climate.
Cynical observers, however, see the sudden change of course as a tactic. In recent years, Munich Re had significantly increased its risk premiums with reference to the potential threat posed by climate change, which also sustainably improved the company's earnings situation. Now that political support for ESG projects in particular is dwindling, the company no longer wants to be publicly associated with the controversial content of ESG initiatives or continue to take responsibility for them.
My opinion: In my view, Munich Re is demonstrating a very skillful and pragmatic approach to lobbying. Instead of bluntly clinging to idealism and decisions from the past, the Board of Management reacts appropriately to the situation and tries to create added value for investors within the framework of the shareholder approach. This increases my trust in the Board of Management and has prompted me to start a savings plan on Munich Re in my secondary portfolio.
Addendum from yesterday: the profits from the EUR/USD trades of the last 3 weekends in $MUV2 (+1.68%) invested.
I am now at 8 of the desired 12 shares.
Servus,
Does anyone on your side happen to know why and why the dividends from Munich RE $MUV2 (+1.68%) are not recognized or noted and deposited in the GetQuin securities account?
Is this also the case for you or is there a specific reason for this?
But have a pleasant trading week.
$MUV2 (+1.68%) - $SREN (+0.68%) - $HNR1 (+0.49%) - $BRO (+0.9%)
I am currently in my final year of training as an insurance and financial investment specialist, but I work as an independent insurance broker.
In this respect, it is "natural" for me to deal intensively with listed insurance companies.
Today I bought shares in Munich Reinsurance Company (Munich Re) for the first time. $MUV2 (+1.68%) for the first time.
I also bought Swiss Re $SREN (+0.68%) and Hannover Re $HNR1 (+0.49%) on my watch list.
A functioning primary insurance market would be inconceivable without reinsurance.
I am also keeping an eye on the Allianz share $ALV (+2%) - I would see a price level below € 300 as an interesting entry opportunity.
Brown & Brown, $BRO (+0.9%) a company also active in the insurance business, is potentially attractive for me from a price below USD 88-90.
What are your opinions on insurance in your portfolio and/or in everyday life, apart from the typical weird sales representatives who only want to sell insurance etc.?
Hello everyone 👋
I am pursuing a dividend growth strategy and would like to supplement this with insurance stocks / financial stocks. Insurance companies are exciting candidates for me due to their stable business models and solid dividend policy.
I am particularly interested in:
Some candidates that I am already looking at:
I'm looking forward to your opinions, tips and experiences - I'm also happy to hear about lesser-known titles from the insurance sector!
Hi all - I had planned to expand my portfolio a few weeks ago because of an inheritance. Now a few things have happened: Money is there and at the same time the company is asking if I would like to quit in return for a severance payment. Yup, maybe I have. Do something other than IT, for example ... Volunteering at the food bank, riding my bike and Vespa, sports, traveling & chilling or something... But that's another story :-)
But does it work financially? Let's assume about 1.2 million in total (600k invested, 600k cash). House paid off, 2 kids out, wife self-employed, but only a small amount. I'm 58, I can retire at 62, with official deductions. That will therefore be a manageable pension in total. That's why I'll need monthly cash in 3 years. The severance payment would last until then. Now I'm thinking about reallocating a large part of my portfolio from tech, world ETF, S&P and some individual stocks to high-dividend stocks: 10% $ALV (+2%), 10% $MUV2 (+1.68%) , 10% $O (-1.04%) , 10% $VHYL (+1.36%) , 10% $WGLD (-0.36%) , 20% $IDVY (+0.25%) , 10% $XMME (+0.03%) , 10% $XEON (-0%) (in case the dividend falls in volatile phases and to bridge payout dates). dates), 10% play money GTAA, 2Spy, Momentum etc----hahaha, actually I just wanted to mention @Epi mention.
With the above you get about 4% dividend. At 800k = 32000-25%= 24000= just under 2k net on top. That should be enough. The assets won't grow that much, but cash per month is enough. What do you think? Completely wrong way of thinking? Forgotten something important?
Dear Community,
I have a 300k securities account with 50% shares, divided between $AAPL (+2.59%)
$ALV (+2%)
$AMZN (-0.52%)
$NOVO B (-1.98%) and some $VOW (+0.51%) the other 50% in ETFs, split between $CSPX (+0.2%)
$EXUS (+1.27%)
$NADQ (+0.17%) and something $DE000LS9U6W1 (-0.4%) ...
A strong US (tech) focus is desirable. Not because I believe that the USA does a lot of things right, but shareholder & shareholder value primarily have an influence on entrepreneurship in the USA, ok and the Mag7++ have a top position in other ETFs anyway.
I use the MSCI EX USA to shift the focus away from/to the USA as required.
I have built up this status quo over the last 2 years, after having a lot of individual stocks in the years before and following the "greed eats brains" strategy with some losses (see other post).
Now I would like to read your opinion or collect a few points of view, knowing that there is not THE right one. In the near future I will receive an inheritance of around 400,000 euros. Now I am torn. No, I don't really know what to do. My reflex was "keep going and split up if you're happy with the above strategy/allocation", but perhaps more asset classes could be included with this sum .... and/or more focus on crypto, or more diversification or or or or .... Or everything on GTAA , @Epi :-D hehe - What do you think?
PS: I am 58, IT manager, EFH paid for, 2 children, studies feddich. Controlled build-up with withdrawal plan start in about 5 years. Shift from 50% individual stocks to 75% ETF planned in 2025.
There was a total of 95€ net, more than half (54€) of which came from my Magnificent 5 from 🇩🇪 $MUV2 (+1.68%)
$ALV (+2%)
$DB1 (+1.72%)
$HNR1 (+0.49%)
$TLX (+0.83%)
With one exception, all dividends arrived at TR on time.
Only the $D05 (-1.62%) from 🇸🇬 that was supposed to pay on May 27 is still missing 🤔 strangely, it arrived exactly on time in April 🤔
In addition, it has now also $VRSN (-1.06%) has now also become a dividend payer and paid out for the first time in May
In June I expect hourly dividends 🤣 Overall, the forecast according to getquin is around €210 gross 😊
Top creators this week
