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The storms tracked 1,000 km through densely populated regions of Quebec and Ontario.
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NOAA predicts there is a 65% chance of an above-normal season, a 25% chance of a near-normal season and a 10% chance of a below-normal season.
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Researchers forecast 18 named storms, nine hurricanes and four major hurricanes between June and November 2022.
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The loss aggregator pegged the event at EUR3.3bn in its first estimate in March.
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The figure includes around $17mn of unfavorable reserve re-estimates for prior period events.
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Group chief accounting officer Erick Fernandez will step in as an interim.
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Severe convective storms in the US caused hundreds of millions of losses, while a small number of expensive homes in California were hit by a wildfire
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The issuance is seeking named storm cover in Florida, Georgia and South Carolina.
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Thunderstorms in the US and an earthquake in Japan caused minimal losses to ILS.
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The 2022 reinsurance program will support cat losses exceeding $2.5bn, compared to $2bn in the corresponding period last year.
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Insurers have paid out $580mn to policyholders already.
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The Tampa-based carrier said cat losses nearly tripled, while other weather losses also rose from last year.