Brazil's climate losses surge 67% in first half of 2026

Extreme weather losses nearly doubled

Losses from extreme weather events in Brazil rose sixty-seven point four percent in the first half of twenty twenty-six, jumping from thirty-one billion reais to fifty-one point nine billion reais.

“Losses in the first half of this year exceed those recorded throughout last year, when they totaled around R$46 billion ($8,2 billion).”

Eighteen months of mounting damage

Over eighteen months from January twenty twenty-five to June twenty twenty-six, losses totaled approximately ninety-eight billion reais, according to Dyogo Henrique de Oliveira, president of CNseg, the National Confederation of Insurers.

Insurance coverage collapses on farmland

Insurance coverage of cultivated land fell sharply from around sixteen percent in twenty twenty-one to twenty twenty-two to three point three percent last year, leaving farms increasingly exposed to climate losses.