CRESTA CLIX Quarterly Update Q2 2022
Summary
The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 30 June 2022:
Under investigation
- KwaZulu-Natal Floods, South Africa, April 2022
- Ontario and Quebec Derecho, May 2022
- Western Europe Severe Storms, Jun 2022
Initial loss estimate
- European Windstorm Series, Feb 2022
- Eastern Australia Floods, Feb-Mar 2022
- Fukushima Mw 7.3 Earthquake, Mar 2022
Changed loss estimate
- Calgary Hailstorm, Jun 2020
- European Severe Storms, Jun 2021
- Severe Storms Southern Australia, Oct 2021 *
- British Columbia Floods, Nov 2021 *
- Malaysia Floods, Dec 2021 *
Declared final
- Hurricane Dorian, Aug - Sep 2019
- Queensland Hailstorm, Oct 2020 *
* below reporting threshold
CLIX Loss List
The CLIX Loss List currently includes 173 major natural catastrophe events,100 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 299bn 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.