CB - Chubb Stock Climbs After Berkshire Hathaway Purchases Shares | Benzinga
Chubb Limited (NYSE:CB) shares are trading higher after the bell Wednesday following an SEC filing showed Berkshire Hathaway purchased shares of the stock.
The Details
The 13F filing revealed Berkshire Hathaway had purchased 25.92 million Chubb shares valued at over $6.717 billion.
Chubb is one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal property and casualty insurance, reinsurance and life insurance.
Related News: What’s Going On With ...