Reported 2 months ago
Berkshire Hathaway has significantly increased its stake in Chubb, acquiring 26 million shares over the past three quarters, worth approximately $7.2 billion. Warren Buffett's long-standing interest in the insurance sector is evident, particularly with Chubb's strong risk management and consistent profitability, reflected in its low combined ratio. Despite potential short-term challenges due to interest rate fluctuations, Chubb's solid investment portfolio and pricing power position it well for future growth, making it an attractive investment option.
Source: YAHOO