Well, I have spent quite a lot of hours in cloud in a single engine helicopter, as have many military pilots and don't recall a single engine failure amongst them.
Our IF EOL drill was initially normal auto speed, then once below 1000' agl come back to 40Kts and be prepared for a constant attitude (ie no flare) EOL - which we used to practice in case anyone asks.
The only difference is that the mil pilots all did it with an instrument rating but it is essentially the same level of risk/exposure.