International cat-loss activity ‘average’ so far in 2024: Cresta
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International cat-loss activity ‘average’ so far in 2024: Cresta

Aggregated losses are likely to be around the long-term H1 average of $8.5bn.

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GERMANY-WEATHER-FLOODS-STORMS

International cat events generated “average” losses over the first half of the year, according to Cresta.

The Zurich-based cat-modelling organisation uses the Cresta Industry Loss Index (Clix) to provide insurers with information for major cat events, excluding those in the...

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