While the macro framework was maintained, the depreciation of the peso has bothered the Central Bank, which has not wanted to add "more gasoline" to the reduction of the interest rate differential.
The current outlook points to the worst-case scenario for the Chilean peso, with the local interest rate expected to reach 8% by the end of the year.
Starting in 2024, consumption of this fuel will begin to decline, thanks to the boom in electric vehicles in China.
The costs to insurers associated with these events would exceed US$100,000 million for the third consecutive year. The bulk of these costs are incurred in the United States, given the high penetration of insurance in that country.