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This document discusses the difficulties faced by the Ministry of Environmental Protection and Physical Planning in Croatia regarding the minimum limits of liability in financial regulations. It highlights the need to assess whether these limits should be established at higher levels than specified. Additionally, the Ministry has not consulted the private insurance sector on this matter and seeks insights into coverage options that might not rely on the private insurance model. The insights provided aim to enhance the understanding of financial limits in environmental liability.
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Ministry of Environmental Protection, Physical Planning and Consruction MINISTARSTVO ZAŠTITE OKOLIŠA, PROSTORNOG UREĐENJA I GRADITELJSTVA FINANCIAL LIMITS AND INSURANCE Warsaw, Poland, 18-20.January 2006. Edvard Pučko, B.Sc.Mech. Eng. edvard.pucko@mzopu.hr www.mzopu.hr
Difficulties with minimum limits of liability specified in paragraf 2 of Annex B of the Protocol on Liability an Compensation? Yes
Needs to establish financial limits on a higher level ?than the ones specified in paragraph 2 of Annex B of the Protocol? No
Has Croatia ever consulted the private insurance sector in this regard? No
Any sugestion, idea and/or comment Vis-à-vis coverage for the liability which is not based upon the private insurance sector? No