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