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Market
Total economic impact on agriculture in Rio Grande do Sul by end of 2024
4
Resolution / Starting Odds
Below $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
Above $2 billion • 25%
Economic assessments or reports from local agricultural departments
Story
Brazil Floods: 100 Dead, 204,000 Displaced, 128 Missing in 388 Municipalities
May 8, 2024, 08:15 PM
Severe flooding in the southern Brazilian state of Rio Grande do Sul has resulted in catastrophic damage, claiming at least 100 lives, with 128 still missing, and displacing over 204,000 people. Described as the worst in 80 years, the floods have submerged entire towns, including Porto Alegre, where the airport remains inoperable. Rescue operations are ongoing, with authorities and humanitarian organizations struggling to provide essential services amid forecasts of more rain. The floods have also severely impacted the agricultural sector, a key part of the region's economy, affecting 388 municipalities.
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Similar markets
Loss under $100 million • 25%
$100 million to $500 million • 25%
$500 million to $1 billion • 25%
Over $1 billion • 25%
Decrease more than 5% • 25%
Decrease 1% to 5% • 25%
No significant change • 25%
Increase due to reconstruction efforts • 25%
Under $10 million • 33%
$10 million to $50 million • 33%
Over $50 million • 33%
Full recovery • 33%
Partial recovery • 33%
Minimal recovery • 34%
Highly effective • 33%
Moderately effective • 34%
Not effective • 33%
Increased • 25%
Decreased • 25%
Unchanged • 25%
Withdrawn • 25%
Under 100,000 people • 25%
100,000 to 300,000 people • 25%
300,001 to 500,000 people • 25%
Over 500,000 people • 25%
Under 50,000 • 25%
50,000 to 100,000 • 25%
100,000 to 200,000 • 25%
Over 200,000 • 25%
0% to 25% complete • 25%
26% to 50% complete • 25%
51% to 75% complete • 25%
76% to 100% complete • 25%
Under 10,000 homes • 25%
10,000 to 30,000 homes • 25%
30,001 to 50,000 homes • 25%
Over 50,000 homes • 25%