Poles Apart on PZU (C)
Posted: 9 Apr 2012
Date Written: February 23, 2012
After a decade-long dispute with the Polish State Treasury, in October 2009, the Dutch insurer Eureko agreed to exit PZU in exchange for compensation. Who was the biggest beneficiary of the settlement: Eureko, the Treasury, or PZU itself?
Learning Objective: To identify examples of irrational behavior and estimate the benefits of the settlement for all the parties concerned.
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