1Mon·

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 (+1.47%) I started building up my position in September 2021, until then I had only $ALV (+0.6%) and $AFL (+1.18%) in the portfolio. In the meantime $TRV (+1.2%) and recently also $AMP (+1.08%)
$BRO (+1.12%) 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 (-0.44%)
$HNR1 (+0.22%)
$PGR (+1.93%)
$ALL (+2.23%)
$AJG (+1.37%)
$TLX (-0.18%)
$8766 (+2.31%) 😁

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

1Mon

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

•

Leon@Investingyoung

1Mon

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

••

Angelo von Finanzen Anders@Finanzen_Anders

1Mon

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

••

Xantia@Xantia

1Mon

Old is a beast

•

user0e3jddwsjxu@user1d7gf8465j461735

1Mon

$NN $ALV more than satisfied 😍

•

Sansebastian@Sansebastian

1Mon

$AJG 😎

•

Michi@miwa1408

1Mon

TALANX is an insider tip

•

Martin@CuriousBrewery

1Mon

@miwa1408 unfortunately already overrated

••

Compounder@FirstCompounder

1Mon

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

1Mon

@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 😅

••

Daniel Sun@DanielSun

1Mon

$TLX personal div. return of 8.5% :)

•

Puki@Puki

1Mon

how will they perform when we have lower interest rates?

•

Homer@Simpson

1Mon

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

•

AnyoneForTennis@AnyoneForTennis

1Mon

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... 😉

••

StewieGriffin@StewieGriffin

1Mon

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

••

Iwas M.@SSIT

1Mon

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

1Mon

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.

••

aktien.pumper@aktienpumper

1Mon

Allianz and Münchener Rueck, goat Stocks!

••

userc7b02065b8a7407b@userc7b02065b8a7407b

I have Allianz, MunichRe and Legal&General.

••