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ANKARA: US Insurance Pays 'Genocide' Claimants

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  • ANKARA: US Insurance Pays 'Genocide' Claimants

    Anadolu Agency, Turkey
    Jan 27 2005

    US Insurance Pays 'Genocide' Claimants
    By Anadolu News Agency (aa)

    An American insurance company named New York Life Insurance has made
    its first payments to the beneficiaries of policyholders killed in
    the alleged Armenian Genocide.

    The Company made the payments according to an agreement reached
    between the beneficiaries of policyholders that died in the alleged
    genocide and that bought life insurance policies before 1915.
    Payments of $333,333 were made to five Armenian foundations in the US
    yesterday.
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