5 Best Financial Stocks to Buy According to Warren Buffett

3. Chubb Limited (NYSE:CB)

Berkshire Hathaway’s Stake: $11 Billion

Chubb Limited (NYSE:CB) is a relatively recent addition to the 13F portfolio of Berkshire Hathaway. The fund first declared a stake in the company in the third quarter of 2023. Back then, this position comprised a little over 8 million shares. In the quarters since, the fund has gradually added to this holding. By early 2024, the fund owned over 24 million shares in the company. By the third quarter of 2025, this figure had jumped to over 31 million. Filings for the first quarter of 2026 show that the fund owned over 34 million shares in the firm, the same as in the filings for the fourth quarter of 2025.

Elite investors are bullish on Chubb Limited (NYSE:CB) as the firm has industry-leading underwriting margins and a healthy investment income tailwind. In the first quarter of 2026, the firm reported core operating income of $2.7 billion, or $6.82 per share, a 85.2% growth year-over-year that beat the consensus estimate of $6.61. Consolidated net premiums written climbed 10.7% to $14 billion. Growth was strong across the board, with Property & Casualty (P&C) premiums up 7.2% and Life Insurance premium volumes surging 33.1%. Earlier this month, the board authorized a brand new $7.5 billion share repurchase program.