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

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

Against backdrop of rising prices.

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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chubbcyberinsurancepricerisksecurity

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