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The 7.8 magnitude earthquake struck southern Turkey and northern Syria on 6 February, followed by a series of aftershocks.
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The firm says hail alone is estimated to make up 95% of losses, making it one of the biggest hail losses in history.
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The BI loss is set to stretch into the hundreds of millions of dollars, with some anticipating a $500mn+ loss.
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The $49.4bn number remains below a critical ILW threshold.
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The increase takes the carrier’s total reserves for the conflict to $145.6mn.
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The initiative comes as part of a major package of UK aid to Ukraine.
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Damaging hail and wind hit Texas, Arkansas, Mississippi and Georgia.
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The National Hurricane Centre said the Lesser Antilles, Puerto Rico and the Virgin Islands must be vigilant.
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An unusual confluence of factors created almost daily storms.
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The case is the latest in a series of BI disputes that focuses on the issue of claims aggregation.
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Plus the latest executive moves and all the top news of the week.
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The scale of the loss has yet to become clear following the blaze on Friday, although the fire is under control.