Central Banks projects 6% GDP drop in 2020

The central bank of Chile released data saying that market analysts predict the economy of Chile to decline 6% in the current year 2020, which is slightly less than the estimate made in July of 6.1%. According to experts, an economic expansion of 4.5% is predicted for 2021, unchanged from the earlier predictions, as a growth of 3.2% is estimated for 2022.

Crawford & Company acquires Chilean loss adjustor Crawford Carvallo

Crawford & Company, a provider of claims management solutions, has announced the acquisition of Crawford Carvallo and its individual business units. Crawford Carvallo provides loss adjusting, claims management solutions and legal services in Chile and has been part of Crawford’s partnership network for almost 30 years. Crawford & Company sees the acquisition as formalising the two groups long-standing relationship, while boosting its footprint in Latin America.

Locust plague threatens small farmers in Chile

The locust plague is affecting the areas of Agua Amarilla and the Huacho crossing in Combarbalá, Chile. Farmers said that the plague was already causing damage to the orchards in the sector. According to the information provided by the The Region of Coquimbo, millions of lobsters could move westward within the commune of Combarbalá. Farmers are asking the authorities to pay attention to this pest as it could cause losses in crops, pasture for animals and fruit trees.

Hendrix Genetics appoints Claudio Larrain as sales and marketing manager in Chile

Hendrix Genetics is appointing Claudio Larrain as its new sales and marketing manager for aquaculture in Chile. Larrain will replace Felipe Almendras who has been running the company's commercial strategy for the past four years. Larrain brings more than 25 years of experience in salmon production, animal health and sales of aquaculture nutrition as well new product development.