NOT FOR REPRINT
Buffett's Berkshire Reveals $6.7B Stake in Insurer Chubb
By
Annie Massa
News May 16, 2024 at 01:26 PM
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What You Need To Know
- The conglomerate has been building the stake since 2023, and the SEC allowed Berkshire keep it confidential.
- Buffett's Berkshire is deeply familiar with the insurance industry, owning a range of firms like Geico and National Indemnity.
- The cash pile at Berkshire reached a record $189 billion at the end of March.
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