Buffett's Berkshire Hathaway reveal $7B stake in Chubb

#berkshirehathaway #chubb #insurance #yahoofinance

Shares of Chubb (CB) are jumping after a Berkshire Hathaway (BRK-A, BRK-B) regulatory filing revealed its 6.4% stake in the company. The last time Berkshire Hathaway did not immediately reveal the identity of a stock in its holdings was in 2020 with Chevron (CVX) and Verizon (VZ). Berkshire Hathaway is focused on the insurance industry, with GEICO being one of its largest holdings. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl

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