BBK
Seeing as we're only intersted in 'risk to life', I am not aware of a single fatality in the RAFGSA, RAFFCA and RAFMA over the past 15 years of my knowledge of such organisations. Each Club has around 100 members (on average) and so 2,200 pilots have flown at least 22,000 hrs per year across all of the Clubs. Multiply that by 15 years and you get 330,000 flying hours without a fatality.
The current MoD fatal accident rate is around 1 per 50,000 flying hours not including operational losses. So this type of flying is at least 6 times safer than normal RAF trg flying.
So go figure...