FILE - Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview in Omaha, Neb., May 7, 2018. Buffett’s Berkshire Hathaway revealed a $6.7 billion investment in fellow insurer Chubb on Wednesday, May 15, 2024. OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway on Wednesday revealed a new $7 billion stake in fellow insurer Chubb.
Berkshire said it held nearly 26 million Chubb shares at the end of March. Chubb shares jumped more than 6% in after-hours trading to sell for $268.96 after Berkshire’s investment was revealed.
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