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.