CRESTA CLIX Quarterly Update Q4 2021
Summary
The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 31 December 2021:
Under investigation
- Severe Storms Southern Australia, Oct 2021
- British Columbia Floods, Nov 2021
- Malaysia Floods, Dec 2021
- Typhoon Rai (Odette), Philippines, Dec 2021
Initial loss estimate
- Japan Heavy Rain, Aug 2021 *
Changed loss estimate
- Typhoon No. 15 (Faxai), Sep 2019
- Typhoon No. 19 (Hagibis), Oct 2019
- Queensland Hailstorm, Oct 2020 *
- European Severe Storms, Jun 2021
- European Summer Floods, Jul 2021
Declared final
- Typhoon No. 21 (Jebi), Sep 2018
- Typhoon Mangkhut (Ompong), Sep 2018
- Typhoon No. 24 (Trami), Sep - Oct 2018
- European Windstorm Dragi-Eberhard, Mar 2019
* below reporting threshold
CLIX Loss List
The CLIX Loss List currently includes 166 major natural catastrophe events, 97 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 287bn 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 event’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.