2026 Aon/ASHRM Hospital and Physician Professional Liability Benchmark Analysis

Aon's Better Being Podcast

Our Better Being podcast series, hosted by Aon Chief Wellbeing Officer Rachel Fellowes, explores wellbeing strategies and resilience. This season we cover human sustainability, kindness in the workplace, how to measure wellbeing, managing grief and more.

Aon Insights Series Asia

Expert Views on Today's Risk Capital and Human Capital Issues

Aon Insights Series Pacific

Expert Views on Today's Risk Capital and Human Capital Issues

Aon Insights Series UK

Expert Views on Today's Risk Capital and Human Capital Issues

Client Trends 2025

Better Decisions Across Interconnected Risk and People Issues.

Construction and Infrastructure

The construction industry is under pressure from interconnected risks and notable macroeconomic developments. Learn how your organization can benefit from construction insurance and risk management.

Cyber Resilience

Our Cyber Resilience collection gives you access to Aon’s latest insights on the evolving landscape of cyber threats and risk mitigation measures. Reach out to our experts to discuss how to make the right decisions to strengthen your organization’s cyber resilience.

Employee Wellbeing

Our Employee Wellbeing collection gives you access to the latest insights from Aon's human capital team. You can also reach out to the team at any time for assistance with your employee wellbeing needs.

Environmental, Social and Governance Insights

Explore Aon's latest environmental social and governance (ESG) insights.

Q4 2023 Global Insurance Market Insights

Our Global Insurance Market Insights highlight insurance market trends across pricing, capacity, underwriting, limits, deductibles and coverages.

Global Risk Management Survey

Better Decisions Across Interconnected Risk and People Issues.

Regional Results

How do the top risks on business leaders’ minds differ by region and how can these risks be mitigated? Explore the regional results to learn more.

Impact Report 2025

Explore Aon's corporate sustainability impact and strategy.

Top 10 Global Risks

Trade, technology, weather and workforce stability are the central forces in today’s risk landscape.

Industry Insights

These industry-specific articles explore the top risks, their underlying drivers and the actions leaders are taking to build resilience.

Human Capital Analytics

Our Human Capital Analytics collection gives you access to the latest insights from Aon's human capital team. Contact us to learn how Aon’s analytics capabilities helps organizations make better workforce decisions.

Human Capital Quarterly Insights Briefs

Read our collection of human capital articles that explore in depth hot topics for HR and risk professionals, including using data and analytics to measure total rewards programs, how HR and finance can better partner and the impact AI will have on the workforce.

Insights for HR

Explore our hand-picked insights for human resources professionals.

Workforce

Our Workforce Collection provides access to the latest insights from Aon’s Human Capital team on topics ranging from health and benefits, retirement and talent practices. You can reach out to our team at any time to learn how we can help address emerging workforce challenges.

Mergers and Acquisitions

Our Mergers and Acquisitions (M&A) collection gives you access to the latest insights from Aon's thought leaders to help dealmakers make better decisions. Explore our latest insights and reach out to the team at any time for assistance with transaction challenges and opportunities.

Natural Resources and Energy Transition

The challenges in adopting renewable energy are changing with technological advancements, increasing market competition and numerous financial support mechanisms. Learn how your organization can benefit from our renewables solutions. 

Navigating Volatility

How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?

Parametric Insurance

Our Parametric Insurance Collection provides ways your organization can benefit from this simple, straightforward and fast-paying risk transfer solution. Reach out to learn how we can help you make better decisions to manage your catastrophe exposures and near-term volatility.

Pay Transparency and Equity

Our Pay Transparency and Equity collection gives you access to the latest insights from Aon's human capital team on topics ranging from pay equity to diversity, equity and inclusion. Contact us to learn how we can help your organization address these issues.

Property Risk Management

Forecasters are predicting an extremely active 2024 Atlantic hurricane season. Take measures to build resilience to mitigate risk for hurricane-prone properties.

Technology

Our Technology Collection provides access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities of technology. Reach out to the team to learn how we can help you use technology to make better decisions for the future.

Trade

Our Trade Collection gives you access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities for international business. Reach out to our team to understand how to make better decisions around macro trends and why they matter to businesses.

Transaction Solutions Global Claims Study

Better Decisions Across Interconnected Risk and People Issues.

Weather

With a changing climate, organizations in all sectors will need to protect their people and physical assets, reduce their carbon footprint, and invest in new solutions to thrive. Our Weather Collection provides you with critical insights to be prepared.

Workforce Resilience

Our Workforce Resilience collection gives you access to the latest insights from Aon's Human Capital team. You can reach out to the team at any time for questions about how we can assess gaps and help build a more resilience workforce.

2026 Aon/ASHRM HPL Benchmark Analysis

Upcoming - 2026 Aon/ASHRM HPL Benchmark Analysis

Aon’s actuaries are pleased to release the 27th annual Aon/ASHRM Hospital and Physician Professional Liability Benchmark Analysis, produced in collaboration with the American Society for Health Care Risk Management (ASHRM).

This report, made possible by the ongoing engagement of our benchmark participants, serves as a key resource for the healthcare sector by providing insights into medical professional liability claim cost trends.

The benchmark analysis is designed to be a practical tool for healthcare risk managers, enabling them to better understand and compare their organizations’ cost of risk against industry standards. By examining and comparing claim and exposure data, risk managers and stakeholders can develop strategies to manage costs and improve outcomes. This year’s report analyzes 115,000 hospital and physician professional liability claims totaling $29.2 billion in incurred losses, as well as 11,000 general liability claims amounting to $719.2 million in losses, all from incidents occurring between 2016 and 2025.

This report provides actuarial and underwriting insights on:

  • Countrywide HPL and PPL benchmark claim frequency, severity and loss rates based on this year’s database of 125 systems.
  • Countrywide GL loss rates as a percentage of HPL loss rates.
  • Forecasted 2027 excess layer loss rates in $5 million increments up to $50 million.
  • Hospital at Home: Risk and Liability Considerations for an Evolving Acute Care Delivery Model.
  • Sexual Abuse & Misconduct in Healthcare: Protecting Patients, Providers, and your Organization.
  • Preliminary findings on the modernization of MICRA.
  • Pennsylvania Medical Malpractice Venue Reform: Implications for Claims and Costs.
  • Healthcare risk management department characteristics, including risk professionals and Certified Professional in Healthcare Risk Management (CPHRMs) employed, revenue changes, and days cash on hand.
  • Insurance structures, alternative risk vehicles, and treatment of allocated loss adjustment expenses of healthcare entities.
  • Benchmark frequency, severity, and loss rates by hospital service line, demographics, and size of hospital.
  • Benchmark statistics for thirty-one individual states that include territory breakouts for Florida and Pennsylvania with data volume for each of these geographies lending itself to credible actuarial analyses while also maintaining participants’ confidentiality.
About the Benchmark

This benchmark study is produced under a co-marketing agreement between Aon and The American Society for Health Care Risk Management (ASHRM). Participation in this benchmark was open to all ASHRM members.

The study functions as a practical benchmarking tool, giving healthcare risk managers greater insight into their risk-related costs in the context of industry norms. Through detailed measurement and analysis of claims and exposures, stakeholders are positioned to develop forward-thinking strategies that help minimize costs and optimize claim outcomes.

We are grateful to benchmark participants for their interest in engaging with us on this survey and for making the time and effort to provide their data and responses to us.

If you would like to participate in future benchmarking studies or have any questions, please contact us at hpl.benchmark@aon.com.

Purchase the 2026 Report

To purchase a copy of the 2026 Hospital and Professional Physician Liability Benchmark Analysis, visit the ASHRM Bookstore.

115k

Our database contains over 115,000 non-zero claims that occurred between 2016 and 2025 that represent $29.2 billion in incurred losses.