“I wish,” Talaat now said, “that you would get the American life-insurance companies to send us a complete list of their Armenian policy holders. They are practically all dead now and have left no heirs to collect the money. It of course all escheats to the state. The government is the beneficiary now. Will you do so?”
If anybody else is wondering what happened with some of those life insurance policies, The New York Life Insurance Company attempted to pay out 2,200 unclaimed policies in 2004[1]. That's only after avoiding it for almost a century, and it's still unclear how many were actually claimed in the end.[1] https://www.nytimes.com/2001/04/12/us/insurer-to-pay-armenia...