COMPENSATION FOR ARMENIAN GENOCIDE VICTIMS

Sofia News Agency, Bulgaria
Oct 13 2005

Heirs of thousands of Armenian genocide victims have reached a deal
with French insurance company Axa for compensating the deaths of
their insured relatives during the mass murders of 1915. They had
brought a case against Axa for not paying the due premiums on the
life insurance policies purchased by Armenians before the beginning
of the genocide. Axa agreed to pay USD 17 M to Armenian charity
organizations. The case was held in the state of California.