Darren SissonsMUNICH REINSURANCE MURGFTOP PICKApr 04, 2018
Companies in this space will go to, say, SunLife and buy 10% of their flood exposure. Active globally, based in Germany, 140 years old. 3.5% yield that rises each year. Add some share buybacks regularly. Add rising interest rates. This will increase reinsurance rates. (Analysts' price target $248.22)
(A Top Pick Jul 26/21, Up 1%) Best of breed reinsurance companies. Buybacks and dividend increase. Conservative risk management. ECB will probably raise interest rates soon, and this will be a positive. Buy and put away for the grandkids. Defensive in this environment.
Price target: 276.66 Euros A global giant in reinsurance. Pays a 3.91% dividend, which keep rising. Add in share buybacks. It's done well during Covid. Higher interest rates will increase earnings. It's been around for 141 years and is well-managed.
(A Top Pick Mar 05/20, Up 15%) World class. Focusing on dividend yield through share buybacks. Global best of breed. Well managed. Reliable over the years.
(A Top Pick Jun 11/19, Up 9%) They are not going to absorb covid-relalted business interruption. He likes it and it continues to be a core holding at this point.
One of the premium insurance companies on the planet. Conservatively managed. Increased dividend recently plus buybacks. Solid performer. About 7% return every year. (Analysts’ price target is $282.13)
You get 7-8% return with share buybacks. A good chart. Prices are rising in the insurance business (Munch provides insurance to insurance companies). This rarely dips, so now is a good time. (Analysts’ price target is $212.13)
(A Top Pick Apr 04/18, Up 13%) Higher interest rates globally will be a catalyst. They're buying back shares and raising their dividend each year. A long-term hold. Overall for central banks, removing QE will result in a crash or pullback (as we saw last December). So, central banks will have to raise rates very gradually to counter inflation over the next few years.
Companies in this space will go to, say, SunLife and buy 10% of their flood exposure. Active globally, based in Germany, 140 years old. 3.5% yield that rises each year. Add some share buybacks regularly. Add rising interest rates. This will increase reinsurance rates. (Analysts' price target $248.22)