Achmea v. Slovakia (II) Achmea B.V. v. The Slovak Republic (II) (PCA Case No. 2013-12)
Shareholding in a Slovak health insurer, Union zdravotna poistovna (UZP).
Claims arising out of the Government's announced plan to establish a unitary public health insurance system in Slovakia run by the State, which would allegedly entail the expropriation of Achmea’s stake in a Slovak health insurance company.
Tertiary: K - Financial and insurance activities
65 - Insurance, reinsurance and pension funding, except compulsory social security
PCA (Permanent Court of Arbitration)
Lévy, L.
Beechey, J.
Dupuy, P.-M.
Decided in favour of State
72.00 mln EUR (93.00 mln USD)
Data not available
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
None - jurisdiction declined