Data

Global loss data exchange:
Our secure service for banking & insurance firms

Our global database was why ORX was originally established, and now contains more than 700,000 loss events. While we do much more than this today, loss data remains a core service from ORX.

Our global loss data exchange services give our members access to many different reports, including benchmarks and loss event severity reports. Some of the reports are further broken down by business line. You can use these reports for modelling and risk management. 

In order to share high-quality data it's essential that everyone uses the same terms and definitions. The ORX banking and insurance operational risk reporting standards have become the industry guideline – find out more about the standards.

Talk to us today about our loss data

    We have tailored services for banking & insurance firms

    ORX Global Loss Data Exchange Service
    ORX global banking loss data service
    Established in 2002, today the ORX global banking service has over 80 members and a database of more than 600,000 loss events totalling over €450 billion.
    ORX Global Loss Data Exchange Service
    ORX global insurance loss data service
    In 2015, following a request from the CRO Forum, we established a service specifically for insurance firms. We currently have more than 15 institutions subscribed to the insurance database.

    Any bank can join our regional loss data services

    Find out more

    Public reports on ORX loss data

    Banking annual public loss report

    Our annual public gobal banking loss report summarises our loss database and illustrates trends in operational risk losses.

    Insurance annual public loss report

    This annual report on the ORX insurance operational risk loss database shows trends in operational risk losses within the insurance and reinsurance industry.

    ORX Members

    ORX membership map

    Insurance service membership map

    More than
    750K
    loss events
    Over
    €450bn
    op risk losses
    More than
    95
    firms submitting loss data

    Join or subscribe

    Talk to us today about joining ORX Membership to take part in global loss data exchange, or about subscribing to a regional loss data service.

    Find out more