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Several US states were hit by tornadoes, heavy rainfall and large hail in July.
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Bushfire losses make up just over 40 percent of the total claims bill.
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The Calgary hailstorm in mid-June could become the fourth-costliest nat cat event in Canadian history.
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The research team increased its estimate for named storms in 2020 from 19 to 20.
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The estimate marks a 19 percent deterioration on a February forecast.
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The interim CEO said this marks a new era for the utility firm.
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The deal settled at the low end of the revised spread guidance.
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Syndicate 2358 may target lines such as cyber or terrorism. -
Earlier this week, Guatemala received a $3.6mn payout for losses incurred from tropical storms Amanda and Cristobal.
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Tropical Storms Amanda and Cristobal triggered the country's excess rainfall cover.
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The utility expects to emerge from Chapter 11 in July after a bankruptcy court approves its settlement.
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The deal will add to $125mn of ILS cover that the electricity provider has from an earlier transaction.
