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Storm Emma Damage Said To Top $1 Billion

Newark, Calif.-based catastrophe modeler Risk Management Solutions it had analyzed the insured exposure from Windstorm Emma and estimates that total insured losses will be between 300 million euros (

By Daniel Hays | Updated on March 04, 2008

Friday’s killer windstorm that tore through Scotland, Northern England and parts of Europe, could cause insured losses over $1 billion according to a catastrophe modeling firm.

Newark, Calif.-based catastrophe modeler Risk Management Solutions it had analyzed the insured exposure from Windstorm Emma and estimates that total insured losses will be between 300 million euros ($457 million) and 700 million euros ($1.07 billion). This includes losses to residential, commercial and industrial properties.

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