Insured losses resulting from Windstorm Emma, which struck Scotland, Northern England and areas of central Europe, could reach as high as $2 billion, according to the latest estimate from a risk modeler.

AIR Worldwide Corporation reported today that it expects insured losses ranging from 750 million euros ($1.2 billion) to 1.2 billion euros ($2 billion).

Yesterday, another risk modeler, Risk Management Solutions, estimated lower insured losses ranging from 300 million euros ($457 million) to 700 million euros ($1.07 billion). Mark Prindle, spokesperson for RMS, said that he does not believe the RMS figures will be revised.

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