FBD has paid out €28m in Covid business interruption claims

Insurer has estimated total cost of business interruption claims could come to €183m

The €28 million represents an increase of €8m since August 2021, the last time FBD disclosed the sum it had paid out. Picture: Getty

FBD has paid out €28 million in claims to customers whose businesses were forced to close by the pandemic, new figures show.

The insurer will tomorrow tell the Oireachtas finance committee that it has processed payments to 882 customers, adding that it is working to pay them out “as quickly as possible”.

The finding comes ahead of a High Court judgement early next year on the level of compensation that businesses are entitled to as ...