The Board of the Chile Financial Market Commission resolved to extend the suspension of the management of Konsegur Seguros de Garantías y Crédito S.A. for three months. CMF Chairwoman Catherine Tornel also extended the appointment of Mr. Robert Rivas Carrillo as the company’s administrator for the same period. CMF grounded the extensions on the need to maintain measures that ensure business continuity and adequately protect policyholders’ interests, citing both the current status of Konsegur’s claims and policies portfolio and the firm’s economic and financial situation.