BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Warren Buffett’s Berkshire Hathaway Increases Stake in Chubb Amid Market Valuations
Warren Buffett’s Berkshire Hathaway Increases Stake in Chubb Amid Market Valuations
9
2
BTCCSquare news:
Berkshire Hathaway has been selectively accumulating shares of Chubb, the Zurich-based insurance giant, even as it reduces exposure to other equities. The conglomerate's $7.4 billion position now represents 6.8% of Chubb—a deliberate countermove during what Buffett perceives as an overheated market.
Chubb operates across 54 countries with 43,000 employees, offering stability rather than speculative growth. Its resilience in bull and bear markets aligns with Buffett's strategy of buying "cheap evergreen" assets when broader indices trade at historically high P/E ratios.
By:
