Global catastrophe loss activity above average in 2022: Cresta
Cresta says six events – European windstorms in February, flooding in eastern Australia, the earthquake in Fukushima, the KwaZulu-Natal floods in South Africa and two convective storms in France – have caused more than $1bn in losses so far in 2022
Six global events so far this year have resulted in losses exceeding $1bn, surpassing the average number of 4.5 events a year