Best’s Commentary: Chile Mudslide Highlights Importance of Insurance Protection

MEXICO CITY–(BUSINESS WIRE)– #insurance–Given Chile’s vulnerability to catastrophe-related risks such as seismic and volcanic activity, as well as floods, intense storms, megadroughts and wildfires, insured and economic losses from a recent mudslide highlights the need for adequate protection in the region, according to a new AM Best commentary. The mudslide in Las Condes, a municipality located in the northeast region of Santiago, was triggered by intense storms in Chile. A sudden flood of the Honda str

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