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Willis Re forecasts at least £300m loss from St Jude storm

Dark storm clouds and lightning broken by the sun shining down onto a calm sea

UK losses from storm St Jude are likely to be in the region of £300-£500m, according to Willis Re.

Losses in that bracket would be well below the 1990 or 1987 storms, which cost the insurance industry £3.4bn and £2bn respectively; however they would be comparable with Windstorm Kyrill, the

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