Chile is a country with one of the world’s highest seismic activity. In May 1960, the strongest earthquake ever recorded (Mw 9.5) occurred near the city of Valdivia. Between the period of 2000 and 2015, six major earthquakes have occurred, causing a total economic loss of approximately 30 billion USD. The Maule earthquake of February 2010 (Mw 8.8) alone caused a loss toll of approximately 5% of the annual gross domestic product of Chile, and more than 500 fatalities.