Top Risk Review H2 2024

Report - November 2024

The Top Risk Review H2 2024 explores key themes and provides an overview of the current most significant operational and non-financial risk (ONFR) threats and concerns facing banking and insurance firms. 

Our largest group of surveyed participants for the 2024 Top Risk Review H2 included over 225 respondents from 80 organisations. Survey participants were asked to assess the significance of 16 risk event types from the ORX Reference Risk Taxonomy. 

The rankings presented on the current material risks focuses on monitoring risk landscape facing the industry. 

What's in the Top Risk Review H2 2024?

The report provides up-to-date insights into the current top operational risks facing the financial services industry, with results based on the personal opinions of risk professionals from across our global membership of financial firms.

The main report includes:

Headline findings and key themes
Ranking at a glance
Changes to average materiality scores
Focus on the top five
Key drivers of each risk
Regional and industry breakdowns

Alongside the main report, we've also produced an appendix, supporting information providing an additional breakdown of results and, for the first time, an insurance-specific analysis of the survey. The reports are available to all our members to download.

Disclaimer: ORX has prepared this resource with care and attention. ORX does not accept responsibility for any errors or omissions. ORX does not warrant the accuracy of the advice, statement or recommendations in this resource. ORX shall not be liable for any loss, expense, damage or claim arising from this resource. The content of this resource does not itself constitute a contractual agreement, and ORX accepts no obligation associated with this resource except as expressly agreed in writing. ©ORX 2024

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