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The new recruit has worked for Argo, Allianz and the European Space Agency.
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Storms from 16-23 June added to a “very active” quarter for the peril.
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The insurer reclassified some Hurricane Ida claims as storm Nicholas losses, producing an overweight loss for the second event.
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Investors, fund managers and service providers are adapting in the face of potential large losses from secondary perils.
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The losses were caused by 14 events, most notably wind and hail in Texas, the Midwest and Canada.
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The east coast of the country was struck by severe rainstorms earlier in the year.
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The varying treatment of the flood losses raises questions over how the industry should define flood events.
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The weather system has arisen early in the season when some insurers are still yet to renew reinsurance.
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The university’s predictions increase to 20 named storms, including 10 hurricanes, for the season that started on Wednesday.
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The broker noted, however, that at this time last year the consensus was also for a slightly above average season which turned out to be the third most active season ever.
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The flooding in February and March now ranks among Australia’s five largest loss events.
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The state-funded body works to enhance disaster preparedness and financing.