Cyber insurance rates fail to match catastrophe risk, says Chubb CEO

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Against backdrop of rising prices.

Cyber insurance rates fail to match catastrophe risk, says Chubb CEO
Rising prices of insurance against cyber attacks fail to take account of the potential catastrophic effects of a widespread attack, Chubb chief executive Evan Greenberg said. "The pricing environment is pretty good," Greenberg said on a conference call. "But ... that is not ...

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