XL Capital Ltd. and Axis Capital Ltd. became the latest Bermuda reinsurers to announce estimated losses of tens of millions of dollars in claims resulting from European storm Kyrill.

XL estimated its pre-tax losses due to Kyrill to be in the range of $60 million to $75 million, while Axis estimated its losses to run at between $40 million to $55 million.

The storm brought hurricane-strength winds across northern and western Europe from the UK to Poland and caused widespread damage and dozens of deaths.

Both companies stressed that their estimates were subject to revision as there is a considerable degree of uncertainty over what actual losses will be.

Last week, Bermuda’s Partner Re gave its estimate of Kyrill-related losses as between $50 million and $65 million.

In a statement, XL said the majority of its losses would come from the reinsurance segment. Axis Capital’s estimated range is based on a review of in-force contracts and preliminary loss information from clients.

Predictions for total insured losses relating to the storm have ranged between $3 billion and $10 billion.

Moody’s Investors Service has reported that while losses to individual rated insurers and reinsurers should be manageable, the earnings of some reinsurers will be meaningfully hit. However, the storm claims should not affect their capital strength and ratings.

Munich Re, the world’s second-biggest reinsurer by premiums, is the company to announce the highest estimated losses from the storm so far. It said its claims, including from its primary insurance unit, would be in the order of [EURO]600 million.