CRESTA CLIX Quarterly Update Q1 2023
Summary
The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 31 March 2023:
Under investigation
- none
Initial loss estimate
- Southeast Australia Floods, Oct 2022 *
- North Island Floods, New Zealand, Jan 2023
- Kahramanmaras Earthquake Sequence, Türkiye, Feb 2023
- Cyclone Gabrielle, New Zealand, Feb 2023
Changed loss estimate
- European Severe Storms, Jun 2021
- European Windstorm Series, Feb 2022
- Eastern Australia Floods, Feb-Mar 2022
- Fukushima Mw 7.3 Earthquake, Mar 2022
- KwaZulu-Natal Floods, South Africa, April 2022
- Western Europe Severe Storms, Early June 2022
- Kanto Hailstorm, Japan, Jun 2022 *
- Western Europe Severe Storms, Mid-June 2022
- Typhoon Nr. 14 (Nanmadol), Japan, Sep 2022
- Hurricane Fiona, Caribbean, Canada, Sep 2022 *
- Typhoon Nr. 15 (Talas), Japan, Sep 2022 *
Finalised
- Typhoon No. 19 (Hagibis), Oct 2019
- Japan Heavy Rain, Jul 2020
- Typhoon No. 10 (Haishen), Sep 2020
- Severe Storms Southern Australia, Oct 2021 *
- British Columbia Floods, Nov 2021 *
* below reporting threshold
CLIX Loss List
The CLIX Loss List currently includes 182 major natural catastrophe events,107 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 316 bn 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.