ICSID case ARB/12/29 (Interpretation decision)
ICSID · Investment (ICSID and treaty) · International (investor-state) · June 4, 1984
Why it matters
Ping An Life Insurance Company of China, Limited and Ping An Insurance (Group) Company of China, Limited v. Kingdom of Belgium, an investment-treaty arbitration administered by ICSID (case no. ARB/12/29), in which a foreign investor brought claims against a state under an investment treaty. In the outcome, the tribunal rendered its award. For a student, it is a worked example of investor-state dispute settlement: how an ICSID tribunal weighs a state's right to regulate against the treaty protections owed to foreign investors.
Summary
Ping An Life Insurance Company of China, Limited and Ping An Insurance (Group) Company of China, Limited v. Kingdom of Belgium: an ICSID decision (ARB/12/29). In the outcome, the tribunal rendered its award. The tribunal's full reasoning is set out in the original.
The detail
Parties: Ping An Life Insurance Company of China, Limited and Ping An Insurance (Group) Company of China, Limited v. Kingdom of Belgium
Case number: ICSID Case No. ARB/12/29
Outcome: Interpretation decision in case ARB/12/29. See the original for the disposition and any quantum.
Applicable law: ICSID Convention and Arbitration Rules; the applicable investment treaty.
Issues in play: A foreign investor's treaty protections against a sovereign state's right to regulate.
Read the full decision at ICSID case database ↗
Locus Standi links to the source decision and publishes its own plain-language summary. It does not reproduce the text of the award.