A Nonparametric Operational Risk Modeling Approach Based on Cornish-Fisher Expansion

Table 1

Summary statistics of loss severity and logarithmic loss severity.

Min.	Max.	Median	Mean	SD	Skewness	Kurtosis
Panel A: statistics of loss severity
0.01	800000	155.03	11405.83	50083.25	8.51	91.63
Panel B: statistics of logarithmic loss severity
−4.61	13.59	5.04	5.32	3.31	0.15	2.18

SD: standard deviation.