His already.
ESSENTIAL FACT
SUAVAL COMPAÑÍA DE SEGUROS DE GARANTÍA Y CRÉDITOS S.A.
Santiago, July 21, 2022.
Gentlemen
Financial Market Commission
At. Ms. Solange Berstein
Present
Ref.: Reports Essential Fact – Representative Investment Deficit.
From our consideration:
By means of the present, and in accordance with the provisions of article 68 of D.F.L. 251, as well as
as indicated in No. 1.1.9 of Circular No. 991 on periodic information to be sent to the
service insurance and reinsurance entities, articles 9 and 10 paragraph 2 of Law 18,045 and others
Relevant rules, is that by this act and fully empowered, I come to inform that to June 30
of 2022 the Company presents a deficit of representative investments of M$ 639,101.-
The above-mentioned deficit arises as a result of the following:
1.- Premiums Receivable from the Insured corresponding to the guarantee branch exceptionally
discharges, originated the days before the end of June, account that is not representative of
investments, for an amount of M$ 336,782.-
2.- Exceptionally high reinsurer receivables exceeding the limit
representative investment, generating an excess of M$ 392,331.-
3.- Asset acquired by recovery of Loss exceeds the limits for investments
representing an excess of MS 330.295.-
The necessary measures are being taken to resolve this situation as soon as possible,
within the regulatory deadlines.
Without further ado, he greets you very sincerely.
Rafael Ramirez Cerda
General Manager(s)
P.P. SUAVAL COMPAÑÍA DE SEGUROS DE GARANTÍA Y CRÉDITOS S.A.
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=78d526c5966d2e29bb795ce44b24c306VFdwQmVVMXFRVE5OUkVrMFRrUkJlRTEzUFQwPQ==&secuencia=-1&t=1682376108