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British insurance giant Aviva 11th insurer sued by Genocide victims

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  • British insurance giant Aviva 11th insurer sued by Genocide victims

    Contacts:
    Vartkes Yeghiayan
    Yeghiayan & Associates
    818-242-7400
    [email protected]



    PRESS RELEASE
    September 16, 2008



    BRITISH INSURANCE GIANT AVIVA IS 11TH INSURER SUED BY VICTIMS OF ARMENIAN
    GENOCIDE

    Los Angeles, CA--Descendants of the Armenian Genocide filed a class action
    lawsuit yesterday against Aviva, a British Insurance company that is the
    successor in interest to Norwich Union and Commercial Union, companies that
    sold insurance to Armenians in Turkish Ottoman Empire prior to the 1915
    genocide (Baghtchedjian and Papazyan et al vs. Aviva et al , U.S. District
    Court, Central District of Calif.). The lawsuit seeks to recover life and
    fire insurance benefits that were wrongfully withheld from beneficiaries of
    those killed during the genocide . AVIVA is the 11th insurance company to be
    sued on behalf of Armenian Genocide victims and their heirs.



    Raffi Baghtchedjian and Nisan Papazyan, the lead plaintiffs of the federal
    class action lawsuit, are suing on behalf of all Armenians who owned Norwich
    Union life insurance and Commercial Union life and fire insurance policies
    during the Armenian Genocide, and whose beneficiaries were never paid
    insurance benefits. Baghtchedjian and Papazyan are represented by attorney
    Vartkes Yeghiayan of Glendale-based Yeghiayan & Associates, who is
    co-counsel for similar class action cases, including Marootian v. New York
    Life Insurance Company, Kyurkjian v. Axa, Movsesian v. Victoria Versicherung
    AG, and Deirmenjian, v. Deutsche Bank AG.



    >From 1880 to 1915, many Armenians living in Turkey purchased life and fire
    insurance policies from various European and American Insurance companies.
    This case involves those who purchased policies from Norwich Union and
    Commercial union. On April 24, 1915, the Turkish Ottoman Empire launched a
    systematic campaign to destroy Armenians through a process of massacre and
    deportation, known as the Armenian Genocide. Between 1915 and 1922,
    approximately two million Armenians perished as a result.



    Among the victims were the owners of life and fire insurance policies issued
    by Norwich Union and Commercial union. "These companies never paid benefits
    to victims of the Armenian Genocide or their heirs," says Yeghiayan.



    In the lawsuit, Baghtchedjian and Papazyan are asking the federal court for
    an order requiring Aviva to identify the insurance benefits that belong to
    Armenians, identify the rightful heirs and to pay the benefits to them.



    "For more than 93 years, Aviva and its subsidiary companies have been
    holding millions of dollars that belong to the heirs of the victims of the
    Armenian Genocide," says Yeghiayan. " No organization should be allowed to
    profit from genocide, but until now, Aviva has had no incentive to identify
    the rightful heirs and pay the money owed to them. With this federal
    lawsuit, we intend to give them an incentive."

    ###





    For a copy of the complaint, contact Diane Zakian Rumbaugh, 805-493-2877,
    [email protected].
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