Warren Buffett buys Chubb Limited, citing rising profits and attractive investment potential

From Nasdaq: 2024-05-20 04:00:00

Warren Buffett’s Berkshire Hathaway has been buying a “secret stock” over the past two quarters, finally revealed to be Chubb Limited. The insurance giant fits Buffett’s investment philosophy and has seen rising profits amid a favorable environment for insurers. Chubb’s quality, pricing power, and potential acquisition by Berkshire make it an attractive investment option.



Read more at Nasdaq: Buffett Buys Chubb: Why You May Want To Follow The Oracle of Omaha Into His New Insurance Holding