1Lun·

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 (+0,21 %) I started building up my position in September 2021, until then I had only $ALV (+0,85 %) and $AFL (+0,21 %) in the portfolio. In the meantime $TRV (-0,24 %) and recently also $AMP (-1,19 %)
$BRO (-2,71 %) 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 (-0,54 %)
$HNR1 (+0,07 %)
$PGR (+0,11 %)
$ALL (-0,7 %)
$AJG (-2,63 %)
$TLX (+1,29 %)
$8766 (-1,22 %) 😁

Which insurance companies are you with?


Old Republic balance sheet

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Benchmark

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

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Benchmark vs competition

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20.03
Old Rep Intl logo
Recibío x230 dividendos por valor de 0,29 US$
66,70 US$
44
18 Comentarios

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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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@Jogilein have been waiting months for a correction with gallagher and co
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@Jogilein $NN are top. I also made a video about this
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Old is a beast
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$NN $ALV more than satisfied 😍
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TALANX is an insider tip
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@miwa1408 unfortunately already overrated
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Take a look at $FFH Fairfax Financial, similar to Berkshire but even more global. It is also growing almost as fast as $PGR Progressive.
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@FirstCompounder I also like Fairfax and have it in my portfolio. I just have a bit of a stomachache because the really high returns only came after 2020 and I'm wondering whether the price hasn't risen a bit too quickly 😅
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$TLX personal div. return of 8.5% :)
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how will they perform when we have lower interest rates?
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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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Relying on reinsurers MUV2 and HNR1 for protection but considering adding Allianz to the portfolio
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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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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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Allianz and Münchener Rueck, goat Stocks!
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