Types of operational risk loss by event, April 2010 to April 2012

The top five op risk loss events in April

Dollars down a black hole

Download a pdf of this month's data page With a few exceptions, the top five loss events over the past two years have been relatively small. April 2012’s data continued this trend, but it also contained an unusually large number of ‘Insurance (non-BIS)’ events, ranging from failures to pay client claims, to shareholder lawsuits, to billing errors. Although ‘Clients, products and business practices’ losses are the most common in the top five lists each month, larg

To continue reading...