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Insurance companies

Yields are quite attractive (especially after the last week).

What am I missing?

Maybe not exciting growth but reliable returns?
Money won't buy you happiness....but I have never been in a situation where more money made things worse!

Comments

  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    You should also check dividend cover, how do they look now

    fj
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    Yields are quite attractive (especially after the last week).

    What am I missing?

    Flood claims?
  • Linton
    Linton Posts: 18,545 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    In my view insurance companies are a valuable, even essential, part of an income portfolio, particularly since the demise of the banks. There are a variety of different types of insurance companies - eg pension providers and household insurers, and a wide range of sizes from world ranking multinationals to small specialists.

    Outside the well kown names, Aviva, Prudential, L&G, Phoenix, Standard Life, the FTSE250 insurers can be particularly lucrative. Look up Chesnara and Beazley. However past performance is no guide etc etc You do need to do you own research.

    I hold Phoenix, Chesnara, and Beazley.
  • Marine_life
    Marine_life Posts: 1,059 Forumite
    Hung up my suit!
    Linton wrote: »
    In my view insurance companies are a valuable, even essential, part of an income portfolio, particularly since the demise of the banks. There are a variety of different types of insurance companies - eg pension providers and household insurers, and a wide range of sizes from world ranking multinationals to small specialists.

    Outside the well kown names, Aviva, Prudential, L&G, Phoenix, Standard Life, the FTSE250 insurers can be particularly lucrative. Look up Chesnara and Beazley. However past performance is no guide etc etc You do need to do you own research.

    I hold Phoenix, Chesnara, and Beazley.

    Thanks for the tips ;-)
    Money won't buy you happiness....but I have never been in a situation where more money made things worse!
  • Marine_life
    Marine_life Posts: 1,059 Forumite
    Hung up my suit!
    EdGasket wrote: »
    Flood claims?

    Good point but I'm mostly looking at continental European based companies
    Money won't buy you happiness....but I have never been in a situation where more money made things worse!
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