SUMMARYThis paper presents a coupled FEM and lumped circuit modelling approach that is primarily intended for high-frequency and overvoltage simulations of rotating electric machines with coaxially insulated windings, such as Powerformer and Motorformer. The magnetic fields and their interaction with the conductors of the winding are simulated with the aid of a FEM-program. The displacement current and its losses are modelled with an external lumped circuit. To consider eddy current losses, the stranded conductors and the laminated steel cores are replaced by homogeneous bodies with similar losses over a wide frequency range. The approach is illustrated and experimentally verified for a set-up with a cable wound around two slot cores. The model agrees well with measurements up to 1 MHz.