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The meteorological service has lifted its hurricane estimate from six to 10 to seven to 11.
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Cat losses were down 50% year on year, but pre-tax pandemic losses totalled $160mn.
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The insurer reported favourable reserve development and ceded $30mn of minor weather losses to reinsurers.
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Tropical Storm Risk said this year could be a hyper-active season as it joined Colorado State University in lifting its outlook.
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Major losses from natural catastrophes were comparatively low at EUR167mn for the quarter. -
The UK insurer has exposure to BI losses through a Canadian dentistry book.
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Axa estimated its total 2020 impact from Covid-19 for the group at EUR1.5bn, which it booked in the first half.
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Sources say initial modelled loss data converges on another sub-$1bn loss with wider variations than over earlier 2020 storms.
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The retro vehicle has only picked up a small share so far but this will grow.
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The insurer had previously confirmed details of its $4.5bn treaty renewal.
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The P&C business posted a EUR167.9mn underwriting deficit on EUR380mn in Covid-19-related losses.
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Reports of flooding in eastern US states as millions were left without power.
