.Corals are iridescent because they evolved to reflect UV light.Corals on reef are blasted with high ammounts of UV .
I don't know where you got the experimental data to make such statement. The best described molecules that work to protect corals from UV deleterious effects are Mycosporine-like aminoacids (MAAs). They have a very high UV absorption capability and they are not fluorescent (I guess you meant that and not iridescent).