Buffett's Berkshire Reveals $6.7B Stake in Insurer Chubb

What You Need To Know

• The conglomerate has been building the stake since 2023, and the SEC allowed Berkshire keep it confidential.
• Buffett's Berkshire is deeply familiar with the insurance industry, owning a range of firms like Geico and National Indemnity.
• The cash pile at Berkshire reached a record $189 billion at the end of March.