Canary Islands’ Volcanic Eruption Reminds Insurers of Challenges of Non-Modeled Perils

The ongoing eruption of the Cumbre Vieja volcano, located on the La Palma Island in the Canary Islands archipelago of Spain, is a reminder to insurers of the challenges posed by non-modeled perils,” commented Michal Lörinc, senior catastrophe analyst for …

from News – Insurance Journal https://ift.tt/3C4c8qo