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CRESTA CLIX Quarterly Update Q1 2022

CLIX Update

Summary

The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 31 March 2022:

Under investigation

  • European Windstorm Series, Feb 2022
  • Australia East Coast Floods, Feb-Mar 2022
  • Fukushima Mw 7.3 Earthquake, Mar 2022

Initial loss estimate

  • Severe Winter Weather Filomena, Spain, Jan 2021 *
  • Severe Storms Southern Australia, Oct 2021 *
  • British Columbia Floods, Nov 2021 *
  • Malaysia Floods, Dec 2021 *

Changed loss estimate

  • European Severe Storms, Jun 2021
  • European Summer Floods, Jul 2021
  • China Henan Floods, Jul 2021

Declared final

  • European Summer Storm Joern, Jun 2019 *
  • Typhoon Lekima (Hanna), Aug 2019 *
  • European Windstorm Sabine (Ciara, Elsa), Feb 2020
  • Monsoon Floods India, Jun-Sep 2020 *

* below reporting threshold

CLIX Loss List

The CLIX Loss List currently includes 170 major natural catastrophe events, 97 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 289bn 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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