Berkshire Hathaway invests $7.2bn in Chubb, a leading property & casualty insurer.
Berkshire Hathaway, led by Warren Buffett, has invested $7.2bn in Chubb, a leading property & casualty insurer with a strong 20-year combined ratio of 90.8%. Chubb's consistent dividend raises have been for 31 years, and its significant fixed-income investments earned $4.9bn in income last year. Despite inflation risks, Chubb's pricing power and risk management history make it a solid long-term investment.
August 03, 2024
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