CRESTA CLIX Quarterly Update Q3 2022
Summary
The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 30 September 2022:
Under investigation
- Typhoon Nr. 11 (Hinnamnor), Japan, Korea, Sep 2022
- Hurricane Fiona, Carribean, Canada, Sep 2022
- Typhoon Nr. 14 (Nanmadol), Japan, Sep 2022
Initial loss estimate
- KwaZulu-Natal Floods, South Africa, April 2022
- Ontario and Quebec Derecho, May 2022 *
- Kanto Hailstorm, Japan, Jun 2022 *
- Western Europe Severe Storms, Early June 2022
- Western Europe Severe Storms, Mid-June 2022
Changed loss estimate
- Typhoon No. 15 (Faxai), Sep 2019
- Typhoon No. 19 (Hagibis), Oct 2019
- Typhoon No. 10 (Haishen), Sep 2020
- Japan Heavy Snowfall, Jan 2021 *
- Fukushima Mw 7.0 Earthquake, Feb 2021
- European Summer Floods, Jul 2021
- Japan Heavy Rain, Aug 2021 *
- European Windstorm Series, Feb 2022
- Eastern Australia Floods, Feb-Mar 2022
- Fukushima Mw 7.3 Earthquake, Mar 2022
* below reporting threshold
CLIX Loss List
The CLIX Loss List currently includes 178 major natural catastrophe events,103 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 309bn 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.