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Risk programme

Measurement, Data & Capital

Report - June 2023

Download the latest Annual Insurance Operational Risk Loss Data Report for analysis of the key trends in the frequency and severity of operational risk loss events in our global insurance loss database.

This report provides a view of operational risk losses in 2022 compared to results from the previous five years.

The report is available to ORX members to download for free, or for non-members to purchase for £1000.

What's in the report

This report provides insights and analysis into operational risk losses in the insurance sector. The report is based on the operational risk loss data in the ORX global insurance database and includes:

  • 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 sections on external fraud; clients, products & business practices; and exxecution, delivery & process management
  • Geographic distribution of losses

The report is available for you to purchase for just £1000.

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Interested in learning more about the latest operational risk losses?

If your firm is a member of ORX, log in or register to read this resource.

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Not a member? You can download a free summary of the report.

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Looking to get more? Buy the report for the full insights and analysis.

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Sarah Astill

Sarah Astill

Head of Risk Measurement, ORX

Steve Bishop

Steve Bishop

Research and Information Director, ORX

Jack Lewton

Jack Lewton

Lead Data Analyst, ORX


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