Dublin  — Ireland's central bank governor Gabriel Makhlouf told insurers to urgently honour and pay valid claims related to Covid-19 disruption, following a successful test case in court last week, or risk facing legal action by the regulator.

Ireland's high court ruled on February 5 that four publicans insured by FBD were entitled to be indemnified for losses under lockdown-linked claims, in a case that could have implications for more than 1,000 similar contracts for FBD alone...

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