💡 Frequently Asked Questions (FAQ)
- Q: Why is Hawaii becoming a hurricane target during a super El Niño?
- A: Warmer Pacific sea surface temperatures and altered wind shear during super El Niño expand tropical cyclone formation zones westward, increasing strike probability for Hawaii and central Pacific routes.
- Q: How much have Pacific shipping insurance rates increased?
- A: Rates for Pacific shipping routes have surged 37% in one month as underwriters price in higher tropical cyclone exposure from Hawaii and surrounding waters.
- Q: Why is the reinsurance market pulling out?
- A: Reinsurers are withdrawing or tightening capacity due to repeated climate-driven losses, rising claims volatility, and unsustainable premium pressure in catastrophe-exposed Pacific markets.