Buffett increases Aon stake to $1.2bn and trims Marsh McLennan holding
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Buffett increases Aon stake to $1.2bn and trims Marsh McLennan holding

Berkshire Hathaway Aon logos with Buffett omaha.jpg

Warren Buffett’s Berkshire Hathaway bought additional shares in Aon in the second quarter, in a fresh show of confidence in the broking giant.

However, he scaled back his investment in rival Marsh McLennan, which has delivered significant returns already.

Buffett’s bet on the insurance brokers aligns with what this publication’s research team has called a brokerage “supercycle”, with brokers carried to strong growth...

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