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Oric membership increases

Three new members join the ABI operational Risk Consortium loss database

mariano-selvaggi-abi-2009

The Operational Risk Consortium (Oric), run by the Association of British Insurers (ABI), has expanded its customer base, with three new subscribers joining its database of operational loss events in insurance in the first quarter of 2010.

Insurers Chartis, Ecclesiastical and QBE are the consortium's new members, adding a combined premium income of £5 billon and millions of customers worldwide

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