CRESTA CLIX Quarterly Update Q4 2022

Summary

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

Under investigation

• Southeast Australia Floods, Oct 2022

Initial loss estimate

• Typhoon Nr. 11 (Hinnamnor), Japan, Korea, Sep 2022 *
• Typhoon Nr. 14 (Nanmadol), Japan, Sep 2022
• Hurricane Fiona, Caribbean, Canada, Sep 2022 *
• Typhoon Nr. 15 (Talas), Japan, Sep 2022 *

Changed loss estimate

• Typhoon No. 19 (Hagibis), Oct 2019
• Fukushima Mw 7.0 Earthquake, Feb 2021
• European Severe Storms, Jun 2021
• European Summer Floods, Jul 2021
• Severe Storms Southern Australia, Oct 2021 *
• British Columbia Floods, Nov 2021 *
• KwaZulu-Natal Floods, South Africa, April 2022
• Ontario and Quebec Derecho, May 2022 *
• Kanto Hailstorm, Japan, Jun 2022 *

Finalised

• Typhoon No. 15 (Faxai), Sep 2019
• Calgary Hailstorm, Jun 2020
• Severe Winter Weather Filomena, Spain, Jan 2021 *
• Japan Heavy Snowfall, Jan 2021 *
• Malaysia Floods, Dec 2021 *

* below reporting threshold

CLIX Loss List

The CLIX Loss List currently includes 180 major natural catastrophe events,104 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 310bn 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.