[video] Panel of Eleven Federal Appeals Judges Hears Oral Argument on Armenian Genocide Era Insurance Recovery Suit

Author: Massis Post, Published on: 18 December 2011

The case is Movsesian v. Victoria Versicherung, originally filed by descendants of Armenian Genocide victims in 2003, and names as defendants German insurance companies Victoria Versicherung AG, Ergo Versicherungsgruppe AG and parent company Munich Re. The action accuses defendants of selling insurance policies to Armenians prior to 1915, when the government of the Ottoman Turkish Empire initiated a genocidal campaign against Armenians living in Turkey. In the aftermath of the massacres and deportations which resulted in the death of over 1.5 million Armenians, survivors were scattered far and wide around the world. Defendants failed to provide information about the insurance policies issued to Armenians and refused to honor claims. As a result, thousands of policies remain unpaid, divesting beneficiaries, heirs, and rightful successors of the benefits due to them. [refers to Victoria Versicherung AG, Ergo Versicherungsgruppe AG, Munich Re]

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Related companies: Ergo (part of Munich Re) Munich Re