Regulatory Alerts2025-09-26
Guidelines for Insurance and Reinsurance Companies to Strengthen the Financial Literacy of Croatian Citizens
HANFA issued these Guidelines to require Croatian insurance and reinsurance companies to allocate a portion of their annual revenue toward financial literacy activities and report on them annually. The Guidelines mandate that these initiatives be clearly separated from promotional efforts, implemented through a multi-year strategy targeting diverse socio-economic groups, and financed proportionally to company revenues. Companies must submit detailed reports by the end of January using a standardized form, demonstrating how their educational activities enhance public trust, improve risk understanding, and positively impact business performance.
Share