 Due to term limits, Sebastián Piñera did not stand for re-election in 2013, and his term expired in March 2014 resulting in Michelle Bachelet returning to office.On 27 February 2010, Chile was struck by an 8.8 earthquake, the fifth largest ever recorded at the time.More than 500 people died (most from the ensuing tsunami) and over a million people lost their homes.