Severe weather in Europe is expected to have caused up to $US2 billion ($2.87 billion) in economic damage, with insurers expecting $US830 million ($1.19 billion) in claims from central Europe, Impact Forecasting’s June catastrophe recap says.

German insurers recorded 250,000 claims from hail, strong wind and intense rainfall, with Munich bearing the brunt of hail damage. Insured costs will reach $US785 million ($1.13 billion).

Similar weather in France caused economic losses of $US560 million ($804.38 million), with insurers covering most of the cost, the Aon-owned modeller says.

Flash flooding, hail and wind in Switzerland, Italy and Poland caused at least $US150 million ($215.46 million) of damage.

Elsewhere, China suffered flash flooding in the Yangtze river basin that caused at least $US6.1 billion ($8.76 billion) of economic damage, with nearly 200,000 homes and other structures flooded. An earthquake in Sichuan province caused $US1.3 billion ($1.87 billion) of economic losses.

Wind in the US from the Rockies to the northeast caused $US1 billion ($1.44 billion) of economic losses, with insurers covering most of the cost. Insurers have covered about $US400 million ($574.56 million) of damage from powerful thunderstorms and floods in the Plains and the southeast regions.

Severe weather in Texas caused $US150 million of insured losses, with total economic losses at $US200 million ($287.28 million). More severe storms later last month caused another $US100 million ($143.64 million) of economic and insured losses.

The Midwest and mid-Atlantic suffered hail, wind and 15 tornado touchdowns, with insurers paying out $US75 million ($107.73 million).