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object
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Outer Continental Shelf Lands Act (OCSLA) of 1953
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outside directorship liability coverage
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overall operating ratio
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overlapping insurance
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override
overriding commission
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owner controlled insurance program (OCIP)
owner-operator
owners and contractors protective (OCP) liability coverage
ownership clause
owners, landlords, and tenants (OL&T) liability policy
owners protective errors and omissions insurance coverage
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operational risk

The risk of loss from everything other than credit, market, and interest rate risks. It is the risk of human, process, system, or technological failure as well as risks from external events (i.e., event risk). See also Credit risk; Event risk; Interest rate risk; Pure risk; Speculative risk.
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