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New York Life Insurance Compensates Money Through HSBC Bank

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  • New York Life Insurance Compensates Money Through HSBC Bank

    Panorama.am

    18:31 11/01/2007

    NEW YORK LIFE INSURANCE COMPENSATES MONEY THROUGH HSBC BANK

    American NEW YORK LIFE INSURANCE, that took the
    responsibility to compensate the victims of 1915
    Genocide who were insured with the company, delayed to
    announce how it is exactly going to make the
    compensation.

    A citizen called Panorama.am a few days ago saying he
    has information according to which the Reconciliation
    Foundation Board has assigned HSBC Armenia to organize
    the compensation process.

    HSBC approved the information saying, `The money has
    been transferred and we are in the process of
    delivering to citizens.'

    HSBC says the money is distributed according to lists
    provided by Reconciliation Foundation Board. The bank
    assured it will make a public announcement in the
    media soon.


    Source: Panorama.am
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