A lot of headlines have been touting specific percentage increases to cyber rates as the claims environment becomes more severe. Not only do these figures get out of date quickly, but the reality is that renewal pricing is no longer a fair enough indicator of what the price should be for the new exposures faced.In truth, the goal post is constantly changing when it comes to how rate responds to the claims environment and this depends on a number of factors, from systemic risk to which industries are being targeted to what new methods attackers are using to make money.As we speak to clients about cyber rates, it’s important to understand that insurers aren’t just remediating against prior losses – they’re future-proofing against the latest security threat trends in order to protect the integrity and longevity of the line.Unfortunately, past performance is not a predictor of future threats and rate response needs to be as dynamic as the cyber threat landscape.