CRESTA CLIX Quarterly Update Q3 2024

Summary

CRESTA provides industry loss data on international (non-US) Cat events which have generated losses to the insurance industry in excess of USD 1bn.

The following changes in the CLIX Loss List became effective as result of the CLIX quarterly update per 30 September 2024:

Under investigation

• Typhoon No. 10 (Shanshan), Japan, Aug-Sep 2024
• Typhoon No 11 (Yagi), China, Vietnam, Sep 2024
• Central Europe Floods (Storm Boris), Sep 2024

Initial loss estimate

• Hualien Mw 7.4 Earthquake, Taiwan, Apr 2024 *
• Rio Grande do Sul Floods, South America, Apr-May 2024
• Southern Germany Floods, May-Jun 2024
• Hurricane Beryl, Jul 2024 *
• Southern Ontario Flash Flood, Canada, Jul 2024 *
• Jasper Wildfire, Alberta, Canada, Jul 2024 *
• Calgary Hailstorm, Canada, Aug 2024
• Hurricane Debby (Remnants), Canada, Aug 2024

Changed loss estimate

• Fukushima Mw 7.3 Earthquake, Mar 2022
• Kanto Hailstorm, Japan, Jun 2022
• Typhoon Nr. 14 (Nanmadol), Japan, Sep 2022
• Kahramanmaras Earthquake Sequence, Türkiye, Feb 2023
• Hurricane Otis, Mexico, Oct 2023
• Noto Peninsula Mw 7.5 Earthquake, Japan, Jan 2024
• Dubai Floods, Apr 2024
• Hyôgo Hailstorms, Japan, Apr 2024
  

Final loss estimate

• European Severe Storms, Jun 2021
• China Henan Floods, Jul 2021
• Eastern Australia Floods, Feb-Mar 2022
• KwaZulu-Natal Floods, South Africa, April 2022
• Ontario and Quebec Derecho, May 2022 *
• Hurricane Fiona, Caribbean, Canada, Sep 2022 *
• Emilia-Romagna Floods, Italy, May 2023 *
  

* below reporting threshold