Having already added shares in $MUV2 (+1,6%) in my portfolio last month, the next purchase in the reinsurance sector followed today.
Today the $HNR1 (+0,78%) found its way into my portfolio today. (In a nutshell, as an insurance broker, I'm simply a huge fan of reinsurers) 😉
In my opinion, it is particularly remarkable that the $HNR1 (+0,78%) recently overtook $SREN (+2,43%) and is now the second largest reinsurer in the world directly behind Munich Re.
In my opinion, a decisive advantage here is the high equity ratio of the $HNR1 (+0,78%) particularly in comparison with Munich Re, this provides the $HNR1 (+0,78%) additional stability and flexibility in an already challenging market environment.
What do you think about insurance companies and their reinsurers?
