Warren Buffett stepped down as Berkshire Hathaway's (NYSE: BRKB)(NYSE: BRKB) CEO at the end of 2025, passing the reins to Greg Abel. While Buffett remains at Berkshire as the chairman of the company's board of directors, his departure from the CEO position marks the end of a legendary and highly lauded era. Read on for a look at three stocks Berkshire heavily sold out of in the fourth quarter -- and one high-yield dividend stock it continued to pile into. Image source: The Motley Fool. Will AI create the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File No. 1-11778 CHUBB LIMITED (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...

Chubb Limited Board Will Recommend 33rd Consecutive Annual Dividend Increase to Shareholders at the 2026 Annual General Meeting; Declares Quarterly Dividend [Accessibility Statement] Skip NavigationZURICH, Feb. 26, 2026 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced today that its Board of Directors will recommend to shareholders at the company's 2026 Annual General Meeting an increase in its quarterly dividend for the 33rd consecutive year. The proposal calls for a $4.08 annual per share dividend, paya ...

I'm Susan Javinsky, co-host of the Morning Filter podcast. Berkshire Hathaway published its latest 13F report last week, covering the firm's buys and sells during the fourth quarter of 2025. Notably, the new 13F covers the final quarter with Warren Buffett as CEO.Berkshire Hathaway bought more of three stocks that Morning Stars analysts cover. Today, we'll take a look at those three stocks and share which one looks like a stock to buy from Morning Star's perspective. Bergkshire added to its position in Chev ...

Core Viewpoint - Citigroup has agreed to sell a 24% equity stake in Banamex for approximately $2.5 billion, reducing its ownership in the Mexican unit to 49% after the transaction is completed this year [1]. Group 1: Transaction Details - The sale involves a group of institutional investors and family offices, including General Atlantic, Sura, Banco BTG Pactual, Chubb, Blackstone, Liberty Strategic Capital, and Qatar Investment Authority [1]. - The expected completion of the sale is within the current year [1]. Group 2: Financial Implications - The transaction is valued at around $2.5 billion, indicating a significant financial move for Citigroup [1]. - Post-sale, Citigroup's stake in Banamex will decrease from 73% to 49% [1].

Group 1 - Chubb Limited has appointed Scott Henck as Senior Vice President and Chief Actuary, succeeding Paul O'Connell, who is retiring after a 40-year career in the property and casualty insurance industry [1] - The appointment of Scott Henck will be effective from April 1, and he will oversee all actuarial functions including reserving, pricing, and capital performance measurement [1] - Cynthia Bentley has been promoted to Executive Vice President and North America Chief Actuary, succeeding Henck, reflecting her outstanding track record in the company [1] Group 2 - Scott Henck has nearly three decades of insurance industry experience and has been with Chubb since 2002, most recently serving as Chief Actuary of North America since 2019 [1] - Cynthia Bentley has over three decades of insurance and actuarial experience and previously led Major Accounts Actuarial support for Property & Specialty and Financial Lines [1] - Chubb operates in 54 countries and territories, providing a wide range of insurance products and services, and employs approximately 45,000 people worldwide [1]

Summary of APi Group Conference Call Company Overview - **Company**: APi Group (NYSE: APG) - **Industry**: Safety services, inspection, and monitoring Key Points Company Performance and Growth - APi Group has grown from approximately $4 billion to nearly $8 billion in revenue over the past five years, demonstrating significant growth while enhancing company culture focused on leadership development [16][17] - The company aims to maintain a mid- to high-single-digit growth rate in the inspection service sector, with no concerns about running out of market opportunities, as they hold less than 5% market share in major metropolitan areas [37][39] Business Model and Differentiation - APi Group's competitive advantage lies in its "inspection-first" approach, which differentiates it from competitors, many of whom are small, family-owned businesses that focus on installation projects rather than building robust inspection departments [25][31] - The company has developed a strong branch network that supports its inspection services, which is a key differentiator in the market [31] Financial Performance - The fourth quarter of 2025 was noted as the best quarter of the year in terms of year-over-year margin expansion, with strong momentum in both service inspection and project work [43][45] - The company expects to see continued margin improvement in specialty services throughout 2026, driven by various operational efficiencies [156] Market Opportunities - Critical infrastructure and healthcare sectors are highlighted as key growth areas, with increasing opportunities in life sciences and data centers [51] - Data centers currently account for approximately 8% of revenue, with expectations to reach 10% in 2026 [83] Branch Optimization - APi Group is focused on improving the profitability of its branches, with a goal for all branches to achieve a minimum margin of 20%. The median margin for North American safety branches is currently 17% [85][94] - The company is making progress in addressing low-margin branches, particularly in international markets where 40% were previously underperforming [96][99] M&A Strategy - The company has a robust pipeline for bolt-on M&A, with a focus on acquiring businesses in the fire and security space at reasonable multiples (5x to 7x EBITDA) [201][207] - Recent acquisition of CertaSite, which generates over 90% of its revenue from inspection and service work, aligns with APi's strategic focus [210][212] Technology and Innovation - APi Group is investing in AI to enhance operational efficiency and improve service delivery, with a dedicated AI team focusing on tools for field leaders [242][245] - The company is also implementing new business systems to support its growth and AI initiatives, with a pilot rollout expected in the first half of the year [251] Future Outlook - The company remains committed to its long-term goals outlined in the 10/16/60+ plan, emphasizing the importance of organizational discipline and consistent execution [256][263] - APi Group is open to larger transformational deals but will remain disciplined in its approach to ensure strategic fit [225][238] Emerging Trends - The company recognizes the importance of adapting to market changes and leveraging customer relationships, particularly in data centers, where both safety and specialty services are increasingly integrated [241] Additional Insights - The leadership development journey has been ongoing since 2003, with a focus on promoting from within to ensure strong branch leadership [104][107] - The company has learned valuable lessons from past project management experiences, particularly regarding government contracts, which have influenced its current operational strategies [138][142]

Summary of The Hartford Insurance Group Conference Call Company Overview - **Company**: The Hartford Insurance Group (NYSE:HIG) - **Date**: February 10, 2026 - **Event**: U.S. Financial Services Conference Key Points Industry Performance - The Hartford has outperformed its peers over the last decade, achieving a 355% increase compared to the S&P 500 equal weight index's 255% and other competitors like Travelers and Chubb [1][2] Investment in Technology - The Hartford has made significant investments in technology, particularly in software and artificial intelligence (AI), to enhance customer experience and operational efficiency [2][6] - A $250 million investment was made in Duck Creek for personal lines business, indicating a focus on modernizing core platforms [7] - The company is transitioning to a cloud-native infrastructure, aiming for 80% completion by the end of 2027 [12] AI Integration - The Hartford has been implementing AI for two years, focusing on personal productivity tools and end-to-end process transformation [9][10] - AI is expected to enhance customer experience and operational productivity, with a focus on data organization to support AI applications [8][10] Market Position and Growth - The Hartford is capturing more market share across small, middle, and large global specialty markets due to its technological capabilities and customer-oriented approach [13] - The company anticipates higher retention rates and increased market share, particularly in the small business segment [13] Financial Performance and R&D Spending - The Hartford's R&D spending has increased from approximately $350 million to over $500 million annually, with no expected decrease in the near term [16][17] - The company maintains a stable acquisition cost for agents, with commission rates remaining steady at around 14%-14.5% [37] Personal Lines Strategy - The Hartford is expanding its personal lines offerings through the Prevail launch, aiming to provide comprehensive coverage while maintaining competitive pricing [42][47] - The company is currently in 10 states with plans to expand to 30 by early 2027 [46] Economic Outlook - The current economic environment is viewed positively, with low unemployment rates and strong GDP growth expected [65][66] - The Hartford's business is closely tied to employment, particularly in workers' compensation and disability insurance, which are seen as strengths [66] Social Inflation Concerns - Social inflation is acknowledged as a real issue affecting claims costs, with trends indicating increasing litigation rates and higher settlement amounts [76][77] Capital Allocation - The Hartford plans to maintain a competitive dividend, having increased it by 15% recently, while also focusing on share repurchases [82][83] - The company emphasizes the importance of investing in business growth while balancing capital returns to shareholders [82] Conclusion - The Hartford is positioned for continued growth through strategic investments in technology and a focus on customer experience, while navigating economic challenges and maintaining a strong financial foundation [66][82]

Group 1: Core Offering - Cowbell has launched its Prime One cyber insurance program in the Australian market, targeting small and medium-sized enterprises (SMEs) with annual revenues of up to A$100 million [1] - The insurance policies are underwritten by Zurich Australian Insurance, combining Zurich's financial strength with Cowbell's technology-driven underwriting and claims processes [1] Group 2: Coverage and Features - The coverage offers limits of up to A$5 million per claim and utilizes an AI model to assess each client's cyber risks [2] - Each Prime One policy includes access to Cowbell's resilience resources, which aim to enhance cybersecurity preparedness before incidents occur [2] - Cowbell Factors provides AI-based risk assessments tailored to individual businesses, while Cowbell Insights offers specific recommendations based on the organization's risk profile [2] Group 3: Additional Services and Leadership - Cowbell Resiliency Services offers guidance on micro penetration testing, cybersecurity training, vendor risk management, and connections to trusted cybersecurity providers through the Cowbell Rx marketplace [3] - Anthony Wall has been appointed as head of underwriting for the local operation, bringing experience from AIG, Munich Re, and Chubb [3] - Alric Lal has been named head of business development for Australia, with a background from UBT, Marsh, and Aon [4] Group 4: Strategic Partnerships and Vision - Cowbell's partnership with Zurich aims to provide Australian organizations with a reliable foundation for cyber resilience, supported by continuous underwriting and risk intelligence [5] - Cowbell's CEO, Jack Kudale, emphasized that cyber protection should be straightforward, instilling confidence in businesses [4]

Core Viewpoint - Venbrook Group, LLC has appointed Awais Farooq as Chief Claims Officer to enhance its global claims operations and improve client outcomes [1][2]. Group 1: Appointment and Role - Awais Farooq will oversee Venbrook's global claims operations, focusing on strategy, service enhancement, and delivering stronger outcomes for clients [2]. - Farooq has nearly two decades of experience in leading claims teams and transforming organizations, previously serving at Crawford & Company as Senior Vice President of Strategy & Transformation [2][3]. Group 2: Leadership and Vision - Jason Turner, Founder and CEO of Venbrook Group, expressed enthusiasm about Farooq's appointment, highlighting his proven track record in delivering superior claims outcomes [3]. - Farooq aims to leverage data and technology to enhance services, provide customer advocacy, and deliver exceptional outcomes in the claims division [3].