Venezuela Earthquake

In the night from the 24th to the 25th of June a severe Mw 7.5 earthquake occurred in the northern part of Venezuela. The tremor had interesting characteristics from a seismological point of view and is likely to cause severe physical and humanitarian damage to the population and economy of the country. The exposure of the ILS market to risk in Venezuela is low, and the Solidum funds will not be impacted by this event. In the linked event report, we provide further information about this earthquake event.