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The government of Turkey has approved the proposal of political strategists insisting on the necessity to discredit Western insurance companies yielding to the pressure of Armenian organizations. The newly established structure in Ankara, known as «the commission for denying the invented Armenian genocide» has sanctioned actions of protest against the decision of French «Axa» insurance company which has agreed to make concessions to Armenians. It is worth reminding that as a result of the judicial process started by the claim of heirs of Turkish Armenian insurance policy holders, the parties reached an agreement according to which the company engaged itself to pay 17 million US dollars to the heirs of insurance holders who had suffered from the events of 1915.