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Notices of legal action jumped 65% year on year to an all-time high in H1 2020.
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Barbados and St Vincent are under hurricane watch from Gonzalo while Tropical Storm Hanna will bring heavy rain to parts of the Texas coast.
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The insurer also took a $400mn subrogation gain on wildfire losses.
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Ex-Novae deputy CUO to become active underwriter at Syndicate 2358.
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Barbados is on a hurricane watch.
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Six-month figures beat long-term average of $20bn with North American natural disasters driving the majority of the losses.
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The storm breaks the record for the earliest seventh named storm of the season.
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The group-wide impact came to $2.5bn including the firm's life and insurance businesses.
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Over 200 nat cat events occurred in H1 2020, topping the 20-year average.
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The Australian insurer had a relatively low reinsurance trigger on its UK BI loss exposure.
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Assignment-of-benefit claims spiked in June from the prior month.
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Motor accounts for 47% of the industry’s total bill, while property claims rise sharply from earlier estimates.