About ORX
How we support the industry
We bring the global risk community together to share data, insights and expertise. We help the industry build strong and safe risk foundations, manage operational and non-financial risk effectively, and support sustainable growth in an increasingly digital world
Who we are
ORX is the world’s largest operational risk association for the financial services industry. Founded in 2002 by risk professionals, we unite banks, insurers and asset managers to advance the management and measurement of operational and non-financial risk.
10000+
Op risk professionals
20+
Years of knowledge
140+
Financial firms
Download the summary report
ORX Insurance Operational Risk Loss Data Report 2025
Access unique insight into the latest operational risk loss trends in insurance, based on data from 26 leading global insurance firms, covering €9.4 billion in reported gross losses and over 15,119 events from 2019 to 2024.
This free summary of the full report (the complete report is only available to ORX Members and ORX Lite Subscribers) offers a valuable opportunity to explore how peer-reported data can support your benchmarking, strategy validation and risk management efforts.
Download the summary to explore:
- Total losses by year, region and business line
- Sector-wide trends and emerging patterns
- Actionable insight to support internal reporting and decision-making
Take your risk strategy further with the full report
The full ORX Insurance Operational Risk Loss Data Report 2025 is available exclusively to ORX Members and ORX Lite subscribers, providing a comprehensive analysis of the operational risk loss data in the ORX global insurance database, including:
- High-level annual trends
- Business line breakdown
- Event type breakdown
- Impact of the distribution
- Geographic breakdown
- Event types in focus – External fraud
- Event types – Clients, products & business practices
- Event types in focus – Execution, delivery & process management
Join a global network of financial firms working together to advance operational and non-financial risk.
Access a streamlined way to benchmark, gain key insights and engage with our global community.

The largest operational risk management association in financial services
For over two decades, ORX has supported financial institutions to improve the management and measurement of operational and non-financial risk.
We now work closely with over 200 firms globally to advance and champion the discipline. We establish strategic priorities, provide influential insights and develop standards, taxonomies and libraries to drive innovation.
We enable financial organisations to share operational risk loss data, to benchmark their against peers and provide opportunities for collaboration and networking.