German insurance companies have made public the names of 363,232 victims of the Holocaust who were covered by life insurance policies but whose records were previously sealed.
The publication of names was required under the terms of an agreement entitled “Remembrance, Responsibility, and the Future” signed in October by the International Commission on Holocaust Era Insurance Claims (ICHEAC).
European insurers that sold coverage as World War II approached—and routinely refused to pay claims after the war citing the lack of proof of policy, possession of death certificate, and payment to other parties—have fought the publication of policyholders’ names, often citing privacy laws.
Claimants have until Sept. 30, 2003 to file claims with the ICHEAC on covered policies.
Was this article valuable?
Here are more articles you may enjoy.
Losses Top $20 Billion in Asia Floods as Climate Risks Grow
Zillow Deleting Climate Risk Scores Reveals Limits of Flood, Fire Data
‘Super Roofs’ Are Rewarding Insurers, Cat Bond Investors and Homeowners
State Farm Sued Over Policies Backed by Distressed Insurer PHL