Warren Buffett Berkshire Hathaway Holds $7 Billion Shares of Insurance Group Chubb Equivalent to 6.4% of Chubb Shareholding, Chubb is Now Top 10 Holdings of Berkshire Hathaway, Chubb Current Market Value at $102 Billion, with Share Price Return +11% YTD, +26% 1-Year & +74% in Last 5 Years
16th May 2024 | Hong Kong
Warren Buffett Berkshire Hathaway is holding around $7 billion (26 million) shares of insurance group Chubb, equivalent to 6.4% of Chubb shareholding. Chubb is now a top 10 holdings of Berkshire Hathaway. Chubb current market value is at $102 billion, with share price return of +11% YTD, +26% 1-Year & +74% in the last 5 years. Earlier in May 2024, Chubb, the world’s largest publicly traded property & casualty insurance company, is preparing to pay $350 million to Maryland State in United States for the Baltimore Bridge collapse in March 2024. In March 2024, the Chair of insurance giant Lloyd’s of London Bruce Carnegie-Brown has projected the largest marine insurance payout of $2 billion to $4 billion for United States Baltimore Bridge collapse (Francis Scott Key Bridge) caused by a Singapore-flagged cargo ship (26/3/24). The Singapore-flagged cargo ship was chartered by Denmark shipping giant Maersk & operated by charter vessel company Synergy Group. In May 2024, Berkshire Hathaway reported holding a record cash of $189 billion in 2024 Q1, and forecasting cash holdings to increase to $200 billion by 2024 Q2. Berkshire Hathaway is the 8th largest company in the world with $877 billion market value (8/5/24). In the previous 2024 Q1 earnings announcement for FY2023, Berkshire Hathaway reported selling 115 million Apple shareholdings with around 790 million shareholding remaining ($135 billion market value). In February 2024, Warren Buffett Berkshire Hathaway had reported selling 10 million of Apple shares with 5.9% stake remaining representing 905 million of Apple shares with $174 billion market value. In November 2023, Berkshire Hathaway Vice-Chairman & Warren Buffett right-hand man Charlie Munger died at age 99 (1924 to 2023) on 28th November 2023 with around $2.5 billion personal fortune.
“ Warren Buffett Berkshire Hathaway Holds $7 Billion Shares of Insurance Group Chubb Equivalent to 6.4% of Chubb Shareholding, Chubb is Now Top 10 Holdings of Berkshire Hathaway, Chubb Current Market Value at $102 Billion, with Share Price Return +11% YTD, +26% 1-Year & +74% in Last 5 Years “
Warren Buffett Berkshire Hathaway Holds Record Cash at $189 Billion in 2024 Q1, Forecast Cash Holdings to Increase to $200 Billion by 2024 Q2, Berkshire Hathaway is 8th Largest Company in the World with $877 Billion Market Value
9th May 2024 – Warren Buffett Berkshire Hathaway is holding a record cash of $189 billion in 2024 Q1, and forecasting cash holdings to increase to $200 billion by 2024 Q2. Berkshire Hathaway is the 8th largest company in the world with $877 billion market value (8/5/24). In the previous 2024 Q1 earnings announcement for FY2023, Berkshire Hathaway also reported selling 115 million Apple shareholdings with around 790 million shareholding remaining ($135 billion market value). In February 2024, Warren Buffett Berkshire Hathaway had reported selling 10 million of Apple shares with 5.9% stake remaining representing 905 million of Apple shares with $174 billion market value. In November 2023, Berkshire Hathaway Vice-Chairman & Warren Buffett right-hand man Charlie Munger died at age 99 (1924 to 2023) on 28th November 2023 with around $2.5 billion personal fortune.
Warren Buffett Berkshire Hathaway Sells 10 Million of Apple Shares with 5.9% Stake Remaining Representing 905 Million Apple Shares with $174 Billion Market Value, Berkshire Hathaway is 8th Largest Company in the World with $874 Billion Market Value, Apple is 2nd Largest with $2.8 Trillion Market Value, Berkshire Hathaway Annual Letter Expected on 24th February 2024
16th February 2024 – Warren Buffett Berkshire Hathaway has sold 10 million of Apple shares with 5.9% stake remaining representing 905 million of Apple shares with $174 billion market value. Berkshire Hathaway is the 8th largest company in the world with $874 billion market value. Apple is the 2nd largest company in the world with $2.8 trillion market value. Berkshire Hathaway annual letter is expected to be released on the 24th February 2024. In November 2023, Berkshire Hathaway Vice-Chairman & Warren Buffett right-hand man Charlie Munger died at age 99 (1924 to 2023) on 28th November 2023 with around $2.5 billion personal fortune.
Berkshire Hathaway Vice-Chairman & Warren Buffett Right-Hand Man Charlie Munger Died at Age 99 with $2.5 Billion Personal Fortune, Joined Berkshire Hathaway in 1978 as Vice-Chairman, Berkshire Hathaway is 8th Largest Company in The World With $782 Billion Market Capitalization
30th November 2023 – Berkshire Hathaway Vice-Chairman & Warren Buffett right-hand man Charlie Munger has died at age 99 (1924 to 2023) on 28th November 2023 with around $2.5 billion personal fortune. Charlie Munger joined Berkshire Hathaway in 1978 as Vice-Chairman, and today, Berkshire Hathaway (investment holding company) is the 8th largest company in the world with $782 billion market capitalization. Berkshire Hathaway (28/11/23): “Berkshire Hathaway a few minutes ago was advised by members of Charlie Munger’s family that he peacefully died this morning at a California hospital. Warren Buffett, CEO of Berkshire Hathaway, wishes to say: Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation. The family will handle all affairs pursuant to Charlie’s instructions.”
About Berkshire Hathaway
Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services. Common stock of the company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.
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