FRENCH COURT EXTENDS TERM OF FILLING APPLICATIONS FOR INSURANCE COMPENSATIONS OF ARMENIAN GENOCIDE VICTIMS
ARKA News Agency
Aug 31 2007
Armenia
YEREVAN, August 31. /ARKA/. The French court has extended the term of
filling applications for paying insurance compensations to descendants
of policyholders who perished during the Armenian Genocide from
October 1, 2006 to January 7, 2008.
According to Arman Baghdoyan, Director of the firm of attorneys
"Vardges Yeghyayan".
He pointed out that lists of 7,000 Armenians in the Ottoman Turkey
who were policyholders of the French companies L’Union Vie, Caisse
Paternelle è La Confiance, the legal successor of which if the AXA
Insurance Company.
"The lion’s share of Armenians’ insurance policies belonged to L’Union
Vie, which had been operating in the Ottoman Empire since the 1870s,"
Baghdoyan said.
According to Baghdoyan, the French court has agreed upon forming
a commission, the members of which are three citizens of France of
Armenian origin.
The total sum of insurance compensations to descendants of the Armenian
Genocide victims makes $11.5mln. Another $3mln will go to Armenian
benevolent organizations.
Committed by the Young Turkish Government, the Armenian Genocide is
the first genocide of the 20th century. The massacres took lives of
about half million Armenians in Western Armenia which was under the
rule of the Ottoman Turkey.
Uruguay, Lithuania, Russia, France, as well as the Lower chamber
of Italy, 40 States in the USA, the parliaments of Greece, Cyprus,
Argentina, Belgium, Wales, the National Assembly of Switzerland, the
House of Commons of Canada and the Polish Seim have all recognized
the Armenian Genocide.
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