NEW YORK LIFE, FRENCH INSURANCE COMPANY SING AGREEMENT ON PAYING COMPENSATIONS TO ARMENIAN POLICYHOLDERS VANISHED IN 1915 GENOCIDE
New York Life Insurance and the French Axa Insurance Company signed on October 3 an agreement on the repayment of compensations to the heirs of the Armenian Genocide victims who had life insurance policies with the New York Life before the 1915 Armenian Genocide, Noyan Tapan reported, citing Radio Liberty and ITAR TASS.
Similar agreements will be signed with other European insurance companies.
In July 2004, following a class action lawsuit, a settlement was reached with the New York Life Insurance Company, which agreed to pay $20 million in compensation to the heirs of the policyholders. Out of that sum, $11 million will be paid to the heirs of 2,300 policyholders, the remainder will go to Armenian charities and covering of the court and attorney fees.
EAF DEMANDS ARMENIAN GENOCIDE ISSUE BE INCLUDED IN EU-TURKEY TALKS
After the European Parliament passed a resolution regarding the start of negotiations with Turkey, European Armenian Federation sent a letter to the EU foreign ministers convened in Luxemburg, reminding ...NEW YORK LIFE, FRENCH INSURANCE COMPANY SING AGREEMENT ON PAYING COMPENSATIONS TO ARMENIAN POLICYHOLDERS VANISHED IN 1915 GENOCIDE
New York Life Insurance and the French Axa Insurance Company signed on October 3 an agreement on the repayment of compensations to the heirs of the Armenian Genocide victims who had life insurance policies ...US POLICY TOWARDS KARABAKH SETTLEMENT HAS NOT CHANGED
US policy towards settlement of the Nagorno Karabakh conflict has not changed, stated US State Department official representative Sean McCormack. He stated it when answering to a question whether the ...
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EAF DEMANDS ARMENIAN GENOCIDE ISSUE BE INCLUDED IN EU-TURKEY TALKS
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