Uruguay – Desdemona Despair

Map showing notable economic loss events due to natural and climate disasters in 2023. Global economic losses in 2023 were higher than the 21st century average. Economic losses from global natural disasters in 2023 are estimated at $380 billion, above long-term and short-term averages, after adjusting historical losses to today’s values using the U.S. Consumer Price Index. All continents recorded remarkable natural disaster events in 2023 and multiple countries faced the most significant disasters in their modern histories. The global map shows event and peril patterns that contributed to the overall economic losses in 2023. The largest loss driver was earthquake, yet this was largely caused by a handful of events, notably the earthquake sequence in Turkey and Syria. Severe convective storms came second, with the largest individual losses concentrated in the United States and Europe. Graphic: Aon

February 19, 2024

Aon: Number of billion-dollar disasters in 2023 highest on record – Severe convective storms were the most damaging peril for insurers

LONDON, 23 January 2024 (Aon) – Aon plc, a leading global professional services firm, today published its 2024 Climate and Catastrophe Insight report, which identifies global natural disaster and climate trends to help make better decisions to manage volatility and enhance global resilience. The report reveals that the 398 global natural disaster events caused a $380 billion (2022: $355 billion) […]

Aerial view of the Paso Severino reservoir that supplies water to Montevideo, Uruguay, in July 2023. It is nearly completely empty and currently only holds only 3 percent of its normal capacity due to three consecutive years of drought. Uruguay is facing the worst water crisis in its history due to the prolonged drought. Photo: Guardian News

July 15, 2023

Three consecutive years of drought leave millions in Uruguay without tap water fit for drinking – Main reservoir for capital at 3 percent of capacity

By Martín Tocar 15 July 2023 (The Guardian) – More than half of Uruguay’s 3.5 million citizens are without access to tap water fit for drinking, and experts say the situation could continue for months. Some had predicted the crisis years ago when pointing out the vulnerability of the single reservoir supplying water to the […]