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.