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French AXA Paid Compensation To Descendants Of Armenian Genocide Vic

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  • French AXA Paid Compensation To Descendants Of Armenian Genocide Vic

    FRENCH AXA PAID COMPENSATION TO DESCENDANTS OF ARMENIAN GENOCIDE VICTIMS

    PanARMENIAN.Net
    10.03.2010 19:32 GMT+04:00

    /PanARMENIAN.Net/ French insurance firm AXA has paid compensation to
    descendants of Armenian Genocide victims based on life insurance
    policies taken at the time. Thousands of families applied for
    compensation through policies that their ancestors bought under the
    Ottoman Empire from companies that were taken over by the French
    firm, AXA.

    Hilda Tchoboian, the head of an Armenian association in the French
    city of Lyon, said Axa had agreed to pay nearly 1,000 Armenian,
    French and American families, and had started sending cheques of
    about $10,000 each, Ottawa Citizen reported.
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