Constructing an operational event database

- Michael Haubenstock
- 02 Mar 2004

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Basel II proposals refer to loss data in several different contexts. In the Sound practices paper, the Committee refers to collecting loss data as a component of both risk identification and monitoring. In the third consultative paper (CP3), loss data is a tool to validate risk estimates, a component of risk reporting, and a key input to any advanced measurement approach (AMA) model. In addition, CP3 sets the standard for seven standard categories of operational event risk. At the time

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

More on Insurance

Insurance

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…