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CRESTA CLIX Quarterly Update Q1 2021

CLIX Update

Summary CLIX Update Q1 2021

The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 31 March 2021:

Under investigation

  • New South Wales and Queensland Floods, Mar 2021
  • Fukushima Mw 7.0 Earthquake, Feb 2021
  • Japan Heavy Snowfall, Jan 2021

Initial loss estimate

  • Hurricane Eta, Nov 2020 *
  • Queensland Hailstorm, Oct 2020
  • Southern France, Northern Italy Floods, Oct 2020 *
  • Monsoon Floods India, Jun-Sep 2020 *
  • Israel Floods, Jan 2020 *

Changed loss estimate

  • Typhoon No. 10 (Haishen), Sep 2020
  • Japan Heavy Rain, Jul 2020
  • Calgary Hailstorm, Jun 2020
  • China Summer Floods, Jun - Sep 2020
  • European Windstorm Sabine (Ciara, Elsa), Feb 2020
  • Australian Hailstorms, Jan 2020
  • Typhoon No. 19 (Hagibis), Oct 2019
  • Typhoon No. 15 (Faxai), Sep 2019
  • Hurricane Dorian, Aug - Sep 2019
  • European Windstorm Dragi-Eberhard, Mar 2019
  • Typhoon Mangkhut (Ompong), Sep 2018
  • Typhoon No. 21 (Jebi), Sep 2018
  • Japan Heavy Rain (Typhoon No.7, Prapiroon), Jun - Jul 2018
  • Northern Osaka Earthquake, Jun 2018
  • Typhoon Lan (Paolo), Oct 2017

Declared final

  • Australian East Coast Low, Feb 2020 *
  • Townsville Floods, Jan - Feb 2019 *

* below reporting threshold

CLIX Loss List

The CLIX Loss List currently includes 162 major natural catastrophe events, 94 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 269bn 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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