Should the solution above (copy the file from a backup) not work - the format of mapsettings.dat can (and has) changed between some map versions. If this is why your Favorites have disappeared, the solution (probably, I've not checked) can be found in the FAQs/Support areas.
My personal solution is to create a new POI category and store my favourites there, along with an icon. These two files can then be copied into any new map folder. The names The only ruled about naming these two files are that the POI's extension/type is .ov2 and its associated icon's extension/type is ..bmp.
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