New Features in CRESTA CLIX

Japan-only Industry Losses

In response to numerous feedback from CLIX users, CRESTA is pleased to announce a new feature for Cat events affecting Japan. As of now, CLIX is newly disclosing a separate industry loss number for Japan only, in addition to the overall Asian industry loss. This new information is available for all Japan-related Cat events in the CLIX Loss List, starting from the year 2000 up to today.

In addition, a detailed list of countries pertaining to CLIX geo-regions has been added under Methodology.

CLIX Loss List

The CLIX Loss List currently includes 163 major natural catastrophe events, 94 of which exceed the reporting threshold. Together the events above the threshold represent a total of more than USD 269bn 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.