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Fri 11 Nov 2009Insurance cover a good-value decision
INDEMNITY:A DECISION by the Archdiocese of Dublin to obtain insurance to protect itself from exposure to claims arising from allegations of child sex abuse by its priests proved to be extraordinarily good value, the Dublin diocesan report says.
The policy eventually resulted in the archdiocese, and other dioceses which later signed up, receiving about €12.9 million by way of indemnity in return for premiums of only €50,800.
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