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Operational Risk Loss Data Reports 2023

Analysis and trends in operational risk losses from 2017-2022

Every year ORX produces two reports on our global operational risk loss databases – one for the banking sector and one for the insurance sector. You can buy either version of the report for just £1000.

Simply fill in the form and we'll send you an invoice.

Learn from real-world op risk losses

The reports are a chance to get analysis and insight into an unrivalled global dataset. They help you understand important trends and developments in operational risk.

The reports include analysis by business line, event type and explore regional differences in the data. This year, they also have 'risk in focus' sections that explore key topics in more detail.

What's in the reports

The full versions of either the insurance or banking ORX Annual Operational Risk Loss reports are available for you to purchase for just £1000.

Both reports are over 25 pages long and provide a comprehensive analysis of the operational risk loss data in the ORX global databases for each sector, including:

  • Loss frequency and severity from 2017 to 2022
  • Average size of an operational risk event and total gross loss as a percentage of income in each event type
  • Event frequency and total loss by business line
  • Total loss submitted in each business line and event type between 2017 to 2022
  • Risk in focus – External Fraud
  • Risk in focus – One million data points (banking report only)
  • Risk in focus – Clients, Products & Business Practices (insurance report only)
  • Risk in focus – Execution, Delivery & Process Management (insurance report only)

Separate reports for banking and insurance

Because we understand that banks and insurers experience operational risk events differently, ORX members can submit their loss data to either the banking or insurance loss databases. This means they have access to sector-specific data for benchmarking and reporting (find out more about the ORX global loss data exchange). This also means we're able to produce two different reports with data and analysis tailored to your sector.

Just choose which report you'd like to purchase, and fill in the form above to request an invoice.

Banking Operational Risk Loss Data Report 2023 front cover
Annual Insurance Loss Report 2023 front cover
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Payment options

ORX currently accepts payment of invoice by bank transfer or the following credit cards: Visa, Mastercard, Discover, Maestro and American Express. All credit card transactions processed are handled by PayPal.

Speech Bubbles Cyan
"Though 2022 was a year of geopolitical and economic turbulence, as well as a time of significant
digital change, our members reported the lowest levels of gross operational risk losses we have
seen over recent years."

ORX Annual Banking Operational Risk Loss Data Report 2023

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