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CRESTA CLIX Quarterly Update Q4 2020

CLIX Update

Summary CLIX Update Q4 2020

The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 31 December 2020:

Under investigation

  • Hurricane Eta, Nov 2020
  • Typhoon Goni, Nov 2020
  • Queensland Hailstorm, Oct 2020
  • Hurricane Zeta, Oct 2020
  • Hurricane Delta, Oct 2020
  • Southern France, Northern Italy Floods, Oct 2020

Initial loss estimate

  • Typhoon No. 10 (Haishen), Sep 2020
  • Typhoon No. 9 (Maysak), Sep 2020 *
  • Hurricane Laura, Aug 2020 *
  • Japan Heavy Rain, Jul - Aug 2020
  • Fort McMurray Ice Jam Flooding, Apr 2020 *

Changed loss estimate

  • Calgary Hailstorm, Jun 2020 *
  • China Summer Floods, Jun - Sep 2020
  • Typhoon No. 19 (Hagibis), Oct 2019
  • Typhoon No. 15 (Faxai), Sep 2019
  • Hurricane Dorian, Aug - Sep 2019
  • Typhoon Mangkhut (Ompong), Sep 2018
  • Northern Osaka Earthquake, Jun 2018
  • Typhoon Lan (Paolo), Oct 2017

Declared final

  • Sydney Hailstorms, Dec 2018
  • Storm Vaia, Oct - Nov 2018 *
  • European Windstorm Friederike (David), Jan 2018
  • European Windstorm Burglind (Eleanor), Jan 2018 *
  • Hurricane Maria, Sep 2017 *
  • Hurricane Irma, Sep 2017

* below reporting threshold

CLIX Loss List

The CLIX Loss List currently includes 161 major natural catastrophe events, 93 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 265bn in industry losses.

Reporting Schedule

Whenever feasible, a first CLIX industry loss estimate will be made available by the end of the quarter following the eventโ€™s end date. All subsequent industry loss estimates will be made available in the following quarters up to a maximum of three years after the first industry loss estimate was released, unless it is declared final by CRESTA at an earlier stage.

Products

For each qualifying CLIX event, a detailed event description is provided together with structured data on fatalities, number of claims, and other relevant information where available. All information is easily retrievable from the database via the website in pdf and Excel format.

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