Reported about 2 months ago
With Berkshire Hathaway's cash reserves reaching $277 billion, speculation arises regarding Warren Buffett's next moves. Analysts suggest that Buffett could significantly bolster Berkshire's portfolio by fully acquiring Chubb, an insurance giant where Berkshire already owns a 6.4% stake, or Kinsale Capital Group, a standout in excess and surplus insurance for small businesses. Acquiring both companies would not only enhance Berkshire's insurance offerings but also leave ample cash reserves.
Source: YAHOO