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  • Term For Submitting Application To French Insurance Companies By Suc

    TERM FOR SUBMITTING APPLICATION TO FRENCH INSURANCE COMPANIES BY SUCCESSORS OF VICTIMS OF GENOCIDE PROLONGED

    Noyan Tapan
    Sep 3, 2007

    YEREVAN, SEPTEMBER 3, NOYAN TAPAN. The successors of the victims of
    the Armenian Genocide can submit applications to the French "L'UNION
    VIE", "CAISSE PATERNELLE", and "LA CONFIENCE" insurance companies
    for receiving the insurance fees of their ancestors until January 7,
    2008. Earlier the deadline for submitting applications was October
    1, 2007.

    According to the information provided by Arman Baghdoyan, the
    director-manager of the "Vardges Yeghiayan" law office, at the press
    conference held on August 31, the number of applications received
    so far "is not satisfactory at all" in comparison with what was
    expected. That is why, according to him, it was considered necessary
    to "apply to court and prolong the term for submitting applications
    by the priviledge of court.

    Arman Baghdoyan mentioned that the successors can submit any document,
    be that a photo, birth, marriage or death certificate, lisence of
    estate paper, to name but a few, in order to prove their family ties
    and ties of relationship with their ancestors, who have assets in
    French companies. It was mentioned that a name list including about
    7 thousand Armenians insured in the French companies is introduced
    on the following site: www.armenianinsurancesettlementaxa.com. In
    the opinion of Arman Baghdoyan, measures are currently being taken
    in the direction of replenishing the list with information about the
    place of residence of the insured.

    The "Vardges Yeghiayan" law office has brought an action against
    the French "AXA" insurance company, which is the legal successor of
    the above-mentioned three companies. The "AXA" insurance company is
    expected to pay approximately 11.5 million dollars to the successors
    of the victims of the genocide.

    Arman Baghdoyan declared that the previous similar case, which was
    filed against the "NEW YORK LIFE" insurance company, has finished. In
    his words, "2515 people, who have received ratification of being
    paid, have been given 7 million 953 thousand dollars." It was also
    mentioned that, in general, applications have been received from 26
    countries. The greatest number of applications have been received from
    Armenia (1254 people have been paid 3 million 675 thousand dollars),
    the United States of America (896 people have been paid 2 million
    693 thousand dollars), and France (141 people have been paid 656
    thousand dollars).
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