No, it is not. It doesn't fit in with my investment strategy.
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@Multibagger Do you have other reinsurers in your portfolio?
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•@RenditeRudin I don't actually have any insurance shares. The sole purpose of my portfolio is to generate the greatest possible excess return and it is therefore focused on derivatives, small caps and 3 sector ETFs. I wouldn't buy any reinsurers at this point in time at the beginning of the fall either. You never know what hurricanes, tornadoes etc. are around the corner.
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•@Multibagger That's right, I forgot again! Yes, I buy reinsurers for a holding period of 40-50 years, so I can cope with that.
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•@RenditeRudin 40-50 years? In that period, I'm more likely to need death benefit insurance! 😂 Unless I generate an excess return in addition to the excess return.😎😉
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