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Warren Buffett reveals secret $6.7B stake in insurer Chubb after slicing Apple

Warren Buffett’s Berkshire Hathaway on Wednesday unveiled a new $6.72 billion stake in insurance company Chubb, confirming months of speculation that Chubb had made a huge new investment. As of March 31, Berkshire held 25.92 million Chubb shares, according to a regulatory filing detailing Berkshire’s U.S.-listed holdings. Following the disclosure, Chubb’s stock price rose 6.3% […]