Rising prices of insurance against cyberattacks fail to take account of the potential catastrophic effects of a widespread attack, Chubb Ltd. Chief Executive Evan Greenberg said on Wednesday. “The pricing environment is pretty good,” Greenberg said on a conference call. “But … that is not addressing by itself the fundamental issue…. Like pandemic, cyber has… Continue reading Cyber Insurance Rates Fail to Match Catastrophe Risk: Chubb CEO
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Chubb’s Greenberg: “What Won’t Cure Corona: Lawsuits”
Following is a commentary written by Chubb CEO Evan Greenberg for the Wall Street Journal. Coronavirus has delivered the most severe blow to the American economy since the Great Depression. The contraction in growth and spike in unemployment will add to the human misery as the health crisis unfolds. How long the disaster will last—or… Continue reading Chubb’s Greenberg: “What Won’t Cure Corona: Lawsuits”