RiskEvents
ClosedLow impactAI Generated

Orange-Alert Drought (1,064,960 km²) – Argentina, Bolivia, Brazil, Peru, Paraguay – Sep 2022–ongoing (GDACS DR 1016449)

Occurred 30 Sept 2022·Detected 11 May 2026·
🇦🇷 South America – Argentina, Bolivia, Brazil, Peru, and Paraguay; approximate geographic centre of the bounding box (-69 to -44 longitude, -28 to -2 latitude)1 reportEnded 25 May 2026
Natural CatastrophePropertyMarine CargoEnergyCasualty & Liability

GDACS issued an orange (medium agricultural impact) alert for an ongoing drought designated 'South America-2023' affecting approximately 1,064,960 km² across Argentina, Bolivia, Brazil, Peru, and Paraguay. The drought began at the end of September 2022 and had lasted approximately 1,288 days as of 10 April 2026. Drought indicators suggest anomalies typical of severe to extreme events. The event carries a Glide number of DR-2023-000204-BRA.

AI-generated from linked source reports. See our correction policy.

Impact verdict

Low impact. LOW: Historical recalibration. The event may be locally severe or geopolitically notable, but the available reporting does not evidence a concrete London Market loss pathway such as named insured asset damage, vessel/cargo loss, port/airspace/waterway closure, energy/facility outage, claims/loss estimate, reinsurance impact, sanctions asset action, or pricing/capacity response.

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Affected countries

🇦🇷 Argentina🇧🇴 Bolivia🇧🇷 Brazil🇵🇪 Peru🇵🇾 Paraguay

Lloyd's classifications

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