Insurers are set to pay 300-500 million pounds (about US$480-800 million) to cover UK claims related to damage caused by the St Jude's Day storm, Willis Re estimates, keeping profits intact despite the human cost.
Northern Europe was battered by hurricane strength winds on Monday, killing more than a dozen people and causing widespread disruption as power lines and transport links were cut by falling trees.
The figure falls far short of having a material impact on profits for the insurance industry which operates in the context of absorbing losses from Atlantic hurricanes which commonly amount to billions of dollars.
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