NU Online News Service, Dec. 14, 10:59 a.m. EST
Europe's run-in with severe Windstorm Friedhelm is not expected to produce significant insurance claims despite hurricane-force wind gusts, say experts.
Yesterday, Willis Re released a report saying that despite wind gusts that reached 165 mph in some places of Scotland last week, insurance losses are expected to come nowhere close to Windstorm Kyrill that hit northern Europe in 2007 and caused around $618 million (at today's exchange rate) in insured loss.
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