Cresta tallies seven 2022 industry loss events above $1bn

03 January 2023

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Last year brought seven severe weather events that created insured losses of more than $1bn, according to Cresta.

The cat modelling organisation today published a fourth-quarter 2022 update to the Cresta Industry Loss Index (Clix). In its October update, the organisation found that international cat losses were above average for the year to that point.

The

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Cresta tallies seven 2022 industry loss events above $1bn

Last year brought seven severe weather events that created insured losses of more than $1bn, according to Cresta.

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Cresta tallies seven 2022 industry loss events above $1bn

Last year brought seven severe weather events that created insured losses of more than $1bn, according to Cresta.

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Fuel a smarter strategy with our actionable market intelligence

Topics

PCS puts second Hurricane Milton insured loss at $15bn

Fidelis seeking $300mn of named storm and quake coverage

US carriers target cat bond market as deal multiples hold up

Oak Re secures Bain Capital as minority backer ahead of 1.1 launch

ILS market sizing Hurricane Milton losses at around $20bn