Turkey earthquake tops 2023 industry losses outside us cresta releases Q4-2023 update of clix industry losses

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      <subfield code="a">CRESTA provides industry loss data on international (non-US) Cat events which have generated losses to the insurance industry in excess of USD 1bn. In 2023, there were seven events with industry losses exceeding this loss threshold. A further two events in 2023  severe convective storms in Germany in mid-June and severe convective storms in Eastern Australia in late December  have the potential to exceed the USD 1bn loss level and are currently under investigation</subfield>
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