Hannover Rueck Action Forum

SL at $HNR1 (-0,46 %)

In the short term, the upward trend no longer exists and the losses were therefore realized.

Part of it, too bad chocolate

$SCR (-0,1 %) - Reinsurance

(6 largest reinsurers)

Has anyone here already taken a closer look at the world's six largest reinsurers or delved a little deeper into the figures? In contrast to $MUV2 (-0,5 %) and $HNR1 (-0,46 %) and I would like to know why. Does anyone have a deeper insight?

It can't just be the political environment ?

Maybe someone knows what to look for when searching ? ✌️

Insurance sector likely to grow thanks to robust global economy

Short and sweet

The global insurance sector can expect good growth and higher profitability in 2024 and 2025, supported by a robust global economy and higher interest rates. Global gross domestic product is expected to grow by 2.7% in 2024 and 2.8% in 2025. Non-life insurance is expected to grow by 3.3% to USD 4.6 trillion in 2024 and by 2.6% in 2025. Life insurance will benefit from rising premium volumes and higher profitability, with premium growth of 2.9% to USD 3.0 trillion in 2024 and similar growth in 2025. Challenges remain due to inflation, extreme weather events and geopolitical uncertainties, among other things.

The global insurance sector can expect good growth and higher profitability in the current and coming year. This will be supported by a robust global economy and higher interest rates, according to a study by reinsurer Swiss Re.

Long and more detailed:

Despite geopolitical tensions and higher inflation, the global economy is proving "remarkably resilient", explained Swiss Re chief economist Jérôme Haegeli in the Swiss Re Institute's new "World Insurance Sigma" report. The robust global economy should increase demand for insurance.

According to Swiss Re estimates, global gross domestic product will grow by 2.7 percent in the current year and by 2.8 percent in 2025. Even if the return to lower inflation rates is not proceeding smoothly, monetary conditions have begun to ease worldwide: In September, the US Federal Reserve is expected to make its first cut in key interest rates.

Due to inflation and the resulting increase in claims costs, the trend towards higher prices in non-life insurance is likely to continue. According to forecasts, the premium volume in non-life insurance will grow by 3.3% to 4.6 trillion dollars in 2024, with growth of 2.6% expected in 2025.

In the life insurance sector, the positive interest rates are having a doubly positive effect: Institutions can expect an increase in premium volume and higher profitability. Premiums are forecast to rise by 2.9% to 3.0 trillion dollars, with similar growth expected in 2025 (+2.7%). The operating result is expected to increase by 15 percent, particularly in the largest markets.

The insurance industry continues to face major challenges, explained Kera McDonald, Chief Underwriting Officer of the Swiss Re Corporate Solutions division: these include severe weather events, which have increased significantly in recent years. The annual standard of insured losses is now over 100 billion dollars, with a growth rate of 5 to 7 percent per year.

Inflation is also leading to rising claims. Geopolitical and regulatory uncertainties are also influencing insurers' business. Since 2020, insurance claims from strikes, riots and civil unrest have increased by a factor of 30, according to McDonald. Rapid technological change, for example in the field of artificial intelligence, poses additional risks.

The largest reinsurers:

$MUV2 (-0,5 %)

$SREN (-0,8 %)

$HNR1 (-0,46 %)

Happy Investing

GG

Sources:

awp

McKinsey Global Insurance Report 2023 | McKinsey (2023 - for context)

Top 50 Global Reinsurance Groups - Reinsurance News

09.07.2024 +++ Insurers with fewer claims than expected +++ Hydrogen shares with drop in sales for 2025 +++

The share prices of reinsurers Munich Re $MUV2 (-0,5 %) (+3.0%) and Hannover Re $HNR1 (-0,46 %) (+3.0%) recovered. They had recently suffered from speculation about losses following the early and severe start to the hurricane season.

In the MDAX K+S $SDF (-4,53 %) fell by 5.8 percent. Bank of America downgraded the stock by two notches to underweight from buy. However, Stifel is also negative on the share and described it as the least favored in the sector.

The US bank JPMorgan has downgraded the shares of ITM Power $ITM (+1,02 %) from "Overweight" to "Neutral" and gave them the cautionary stamp of "Negative Catalyst Watch". Analyst Patrick Jones thus pointed out the correction risks for hydrogen shares in the run-up to their financial results in mid-August on Monday evening. The expert fears that a disappointing sales forecast for 2025 will depress market expectations for the new and subsequent financial year.

Tuesday: stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

Klepierre EUR 0.90

Quarterly figures / company dates Europe

07:30 OMV Trading Update 2Q

09:00 Porsche sales 2Q

Untimed: Porsche AG: Pre-Close-Call 2Q

Economic data

• 08:00 DE: Truck Toll Performance Index June
• 10:00 IT: ECB Governing Council member Panetta, video message for the General Assembly of the Banking Association
• 16:00 US: Fed Chairman Powell, Semi-Annual Hearing in the Senate Banking Committee
• No time specified:

US: Nato, Start of Nato Summit July 9-11, 2024 in Washington, D.C.

IN: Russia's President Putin, meeting with India's Prime Minister Modi (since Monday)

UK: First House of Commons meeting planned after the British general election, London

a share that is rather less well known

indirectly in $HNR1 (-0,46 %) invested

first mini-tranche 🤓

Hey guys I finally took the plunge a good month ago and opened a securities account.

Briefly about me:

I'm 19 years old, I'm currently studying and I'm trying to build up some security for my old age.

My current savings rate is a good €700 per month, partly due to my otherwise frugal behavior.

I would like to add the following items in the near future:

Hannover Rueck $HNR1 (-0,46 %)

Meta $META (+0,4 %)

Maybe someone can give me a short feedback😄

Best regards

Nico

Next week will be wild! DAX40 dividends 📈

Netflix, Texas Instruments, AT&T, Tesla, Johnson & Johnson, Visa, ASML, LVMH, Intel, P&G... ⤵️

The first few weeks of the new year have been fairly quiet. Nevertheless, there has already been some news. Above all, however, there will be some quarterly figures from the USA in the next two weeks. This could provide plenty of material for the market again. I am very excited.

If you take a look at the DAX40. According to current forecasts, 21 out of 40 companies will increase their dividends. Among them are $SIE (-2,51 %) Siemens , $DTE (+0,79 %) Deutsche Telekom, $RWE (+0,3 %) RWE, $EOAN (-1,03 %) E.on and $SAP (-0,4 %) SAP. But also the anchors of Deutsche Dividenden $MUV2 (-0,5 %) Munich Re, $HNR1 (-0,46 %) Hannover Re and $ALV (-0,71 %) Allianz. So is the DAX40 still interesting for dividend investors?

I also posted an article about this on my Instagram channel this morning https://www.instagram.com/mitverstandzumkapital posted!

Then yesterday I already wrote about the Bitcoin ETF from $BLK Blackrock in this post here on getquin:

https://app.getquin.com/en/activity/YkCcXCokGf

reported. It took the ETF just 4 trading days to reach the 1 billion mark. Is this still a bullish signal for Bitcoin or is it all being overestimated? You know, yes, when the whole world assumes rising figures, things often turn out differently than you think. So the surprise is more on the downside than on the upside. The drop is high. This ETF will be followed by many others and they will bring capital into the market. At the moment, however, we are seeing some selling. True to the motto: "Sell on good news!" There are still a few weeks to go until the halving of $BTC (+0,15 %) Bitcoin, which is due again this year. Another positive signal for Bitcoin. So it remains very exciting.

Whether because of dividends, cryptocurrencies or quarterly figures. The next few weeks will definitely be far more exciting than the last 3. That is probably the only thing that is guaranteed. Please don't forget that, as with the dividend increase, everything is based on forecasts and they don't have to come true.

What are you expecting in the next few weeks? Rather a rising or falling market?

Especially with the quarterly figures, there will certainly be some disappointments. I'm mainly looking at $TSLA (+9,97 %) Tesla, $AAPL (+0,65 %) Apple and $NFLX (+0,37 %) Netflix. What do you think?

On that note, see you next trading week and have a nice and quiet weekend!

Source: https://www.cashkalender.de/calendar/2024/4/

Source: https://www.handelsblatt.com

Quarterly figures on 03.11.2022...

Feel free to leave a follow, because...⤵️

...at 5,000 followers there will be together with getquin, a small thank you for the community. But this post could already be created tomorrow. I look forward to it! On to today's quarterly numbers. In this post that I post every morning, I had announced what was happening today:

https://app.getquin.com/activity/ydggsOLkpb?lang=de&utm_source=sharing

$SBUX (+2,49 %)
Starbucks:

Beat analyst estimates of $0.73 in the fourth quarter with earnings per share of $0.81. Revenue of $8.4 billion beat expectations of $8.33 billion.

$PYPL (+3 %)
PayPal:

Beats analyst estimates of $0.96 in the third quarter with earnings per share of $1.08. Revenue of $6.85 billion beats expectations of $6.82 billion.

$DBX (-2,25 %)
Dropbox:

Beat analyst estimates of $0.38 in the third quarter with earnings per share of $0.43. Revenue of $591 million exceeded expectations of $586.15 million.

$DASH (+1,74 %)
DoorDash:

Missed analyst estimates of -$0.55 in the third quarter with earnings per share of -$0.77. Revenue of $1.7 billion exceeded expectations of $1.62 billion.

$GPRO (+8,21 %)
GoPro:

Beat analyst estimates of $0.17 in the third quarter with earnings per share of $0.19. Revenue of $305 million exceeded expectations of $298.85 million.

$MSI (+8,83 %)
Motorola Solutions:

Beats third-quarter analyst estimates of $2.88 with earnings per share of $3.00. Revenue of $2.37 billion beats expectations of $2.31 billion.

$HOT (-1,48 %)
Hochtief:

Reached sales of 7.18 billion euros in the third quarter, up from 5.32 billion a year earlier, and earned 115 million euros on the bottom line, up from 99.8 million a year earlier. Order intake on a comparable basis was 6.5 billion (prior year 7.5 billion).

$K (+1,27 %)
Kellogg Co:

Surpassed analysts' estimates of $0.97 in the third quarter with earnings per share of $1.01. Sales of $3.95 billion exceeded expectations of $3.77 billion.

$RCL (+2,93 %)
Royal Caribbean Cruises Ltd:

Beat analyst estimates of $0.19 in the third quarter with earnings per share of $0.26. Revenue of $3 billion exceeded expectations of $2.99 billion.

$UAA (-12,43 %)
Under Armour Inc:

Second-quarter earnings per share of $0.20 beat analyst estimates of $0.10. Revenue of $1.57 billion exceeded expectations of $1.42 billion.

$W (-1,95 %)
Wayfair Inc:

Missed analyst estimates of -$2.05 in the third quarter with earnings per share of -$2.11. Revenue of $2.8 billion below expectations of $2.82 billion.

$PTON (+11,28 %)
Peloton Interactive Inc:

Missed analyst estimates of -$0.64 with first-quarter earnings per share of -$1.20. Revenue of $616.5 million below expectations of $637.07 million.

$DDOG (-2,68 %)
Datadog Inc:

Third-quarter earnings per share of $0.23 beat analyst estimates of $0.16. Revenue of $437 million exceeded expectations of $415.07 million.

$MRNA (-5,5 %)
Moderna Inc:

Missed analyst estimates of $4.81 in the third quarter with earnings per share of $2.53. Revenue of $3.36 billion below expectations of $4.63 billion.

$CROX (-0,45 %)
Crocs Inc:

Missed analyst estimates of $2.62 in the third quarter with earnings per share of $2.50. Revenue of $985.1 million exceeded expectations of $942.52 million.

$IRM (+3,19 %)
Iron Mountain Inc:

Third-quarter earnings per share of $0.48 beat analyst estimates of $0.44. Sales of $1.29 billion below expectations of $1.31 billion.

$SBS (-1,99 %)
STRATEC:

Posts Q1-3 sales of €207.7 million (preliminary: €207.7 million), adjusted EBIT margin of 18.3% (preliminary: 18.3%), and net income (adjusted) of €29.5 million (PY: €40.6 million). Outlook confirmed.

$BOSS (-3,01 %)
HUGO BOSS:

Achieves Q3 sales of €933 million (PY: €755, analyst forecast: €903.4 million), EBIT of €92 million (PY: €85 million, forecast: €88.1 million) and net income of €58 million (PY: €53 million, forecast: €56.6 million). In the outlook for 2022, the company now expects sales of €3.5 to €3.6 billion (previous: €3.3 to €3.5 billion) and EBIT of €310 to €330 million (previous: €285 to €310 million).

$SGL (+0,82 %)
SGL CARBON:

Achieves Q1-3 sales of €853.9 million (previous year: €743.5 million), Ebitda (adjusted) of €136.1 million (previous year: €108.5 million) and net income after minorities of €70.6 million (previous year: €42.6 million). Forecast confirmed.

$PFV (-0,39 %)
Pfeiffer Vacuum:

Achieves Q1-3 order intake of €866.5 million (preliminary: €866.5 million), sales of €668.7 million (preliminary: €668.7 million), EBIT of €94 million (preliminary: €94 million) and net income of €66.6 million (PY: €52.1 million). October 17 forecast for revenue and Ebit margin confirmed.

$HNR1 (-0,46 %)
Hannover Re:

Achieves 3. Gross premiums written of €8.91 billion (PY: €7.15 billion, analyst forecast: €8.02 billion), combined ratio of 99.6% (PY: 101.5%, forecast: 99.6%), investment result of €400.3 million (PY: €491.1 million), an Ebit of €408.9 million (PY: €324.5 million, forecast: €399 million) and a net profit of €221.9 million (PY: €185.4 million, forecast: €311 million). In the outlook for 2022, the company sees net income in the lower range of €1.4 billion to €1.5 billion, profit target for 2022 remains achievable.

$UN01
Uniper:

Achieves 1st to 3rd. Quarter net result of -€40 billion (PY: -€4.8 billion), net loss includes €10 billion realized costs for replacement volumes; economic net debt at €10.91 billion (PY: €0.324 billion), net loss includes €31 billion expected losses and provisions; adjusted net loss of -€3.22 billion (preliminary: -€3.2 billion, prior year: +€0.487 billion), adjusted EBIT of -€4.75 billion (preliminary: -€4.8 billion, prior year: +€0.614 billion). Concrete earnings forecast currently impossible for the time being.

$O2D (+0,24 %)
Telefonica Germany:

Achieves Q3 sales of €2.085 billion (PY: €1.967 billion, analyst forecast: €2.030 billion), service sales of €1.47 billion (PY: €1.42 billion), adjusted OIBDA of €642 million (PY: €613 million, forecast: €640.5 million). In the outlook for 2022, sales and OIBDA are now expected to be in the "lower mid-single-digit percentage range" compared to the previous year (previously: in the "low mid-single-digit percentage range").

$BMW (-3,91 %)
BMW:

Reports Q3 sales of €37.18 billion (PY: €27.47 billion, analysts' forecast: €35.53 billion), EBIT of €3.68 billion (PY: €2.88 billion, forecast: €3.5 billion), EBT of €4.1 billion (PY: €3.42 billion) and net income of €3.18 billion (PY: €2.58 billion). Outlook confirmed.

$ZAL (+1,5 %)
Zalando:

Achieves Q3 revenues of €2.34 billion (PY: €2.28 billion), Ebit (adjusted) of €13.5 million (PY: €9.8 million) and net result of -€35.4 million (PY: -€8.4 million); number of active customers grows by 8% and exceeds 50 million for the first time. Outlook confirmed.

$COP (-0,13 %)
CompuGroup:

Posts Q1-3 revenue of €802 million (preliminary: €802 million), Ebitda of €166 million (preliminary: €166 million) and net income of €59.8 million (PY: 56.6 million). Outlook confirmed.

$RAA (+2,46 %)
RATIONAL:

Achieves Q3 sales of €274.2 million (PY: €207 million, analyst forecast: €270 million), Ebit of €70.3 million (PY: €49.7 million, forecast: €64.4 million), Ebit margin of 25.6% (PY: 24.0%) and net income of €53.8 million (PY: €37.8 million). Forecast confirmed.

$KCO (-2,66 %)
Klöckner & Co:

Achieves 3rd quarter sales of €2.37 billion (PY: €2.0 billion), Ebitda (adjusted) of €16 million (PY: €277 million) and net result of -€22 million (PY: +€185 million). Outlook confirmed.

#quartalszahlen
#boerse
#börse
#aktien
#paypal
#starbucks
#sandp500
#communityfeedback
#community

getquin Daily Summary 29.09.2022

Hello getquin,

Good Thursday to all of you. Who of you won the Porsche Lottery and managed to get shares?

Europe🌍:

1st Porsche IPO is completed

Today Porsche celebrated its debut on the stock exchange. The share price started at €84 and briefly rose to over €86. Volkswagen was able to collect €20 billion due to the high entry price, which they can now invest in digitalization and transformation to electric mobility.

Read more: https://cnb.cx/3V1qx0P

🟥 Porsche
$n/a (-1,22 %) 82,54€ (🔽 -0,58%)

🟥 $PAH3 (-2,05 %) 60,78 (🔽 -13,07%)

🟥 $VOW3 (-2,26 %) 128,74€ (🔽 -8,02%)

Asia🌏:

2nd Nintendo completes stock split

To become more attractive to investors, Nintendo has completed a stock split. For one share of the gaming giant, investors got 10 new shares. Nintendo's hope is that the new price will make the company, more attractive to Nintendo consumers and thus boost demand.

Read more: https://cnb.cx/3UOcHP7

🟥 $7974 (-0,11 %) Nintendo 42,82€ (-90% thanks to stock split)

Special: Panic selling of a pension fund forces Bank of England to intervene

To prevent an "unwarranted tightening of funding conditions and a reduction in the flow of credit to the real economy," the FPC said it would buy government bonds "to the extent necessary" for a limited time. The bank's extraordinary announcement was prompted by a panic among pension funds, whose bonds lost about half their value within a few days.

Read more: https://cnb.cx/3dVZxPt

Stocks of the day:

🟩 TOP $HNR1 (-0,46 %) (🔼 +2,38%)

🟥 FLOP $PTON (+11,28 %) (🔽 - 13,95%)

🟥 Most searched $ALV (-0,71 %) 159,73€ (🔽 -1,6%)

🟥 Most traded Porsche
$n/a (-1,22 %) 82,54€ (🔽 -0,58%)

🟥 S&P500, 3,649.80 (🔽 -1.86%)

🟥 DAX, 11,975.55 (🔽 -1.71%)

🟥 bitcoin ₿, 19,690.94€ (🔽 -1.53%)

Time: 18:00 CEST

#MarketNews
#MarketNewsUpdate