NATIONAL INSURANCE MARKET DEVELOPMENT PROCESS AND PROSPECTS

Akram Yadgarov

NATIONAL INSURANCE MARKET DEVELOPMENT PROCESS AND PROSPECTS

Akram Yadgarov

DSc., professor of the institute International School of Finance Technology and Science

##semicolon## insurance activity##common.commaListSeparator## insurance products##common.commaListSeparator## insurance premium##common.commaListSeparator## insurance liability##common.commaListSeparator## insurance compensation##common.commaListSeparator## insurance market

सार

this historical development processes, legal aspects and financial indicators of the insurance market of our country have been analyzed and researched in a comparative manner. The organizational, economic and legal aspects of the development of the insurance market are studied in detail. Proposals and recommendations for the prospective development of insurance activities in the country's insurance market have been developed.

##submission.citations##

Address of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to the Oliy Majlis. / "People's Word", January 25, 2020.

Resolution No. 1060 of the Cabinet of Ministers of the Republic of Uzbekistan "On the establishment of the Insurance Market Development Agency under the Ministry of Finance". December 31, 2019.

It was approved by the decision of the Cabinet of Ministers under the President of the Republic of Uzbekistan dated 31.12.1992 No. 605 "On approval of the regulation on state insurance bodies of the Republic of Uzbekistan". (This decision became invalid with the adoption of the decision of the Cabinet of Ministers of the Republic of Uzbekistan No. 125 of March 6, 1997 "On issues of organizing the activities of the state-joint-stock insurance company Uzagrosugurta"). https://www.lex.uz/ru/docs/547907.

Decree of the President of the Republic of Uzbekistan No. PF-5635 of 17.01.2019 on the implementation of the state program in the "Year of Active Investments and Social Development".https://lex.uz/docs/4168749

"Insurance Penetration Rate" is based on the data of the "New Frontier" organization of Great Britain.https://economictimes.indiatimes.com.

Umarov S.A. "Management of the development of insurance activity in Uzbekistan in the conditions of modernization of the economy". 08.00.13-I.F.D. dissertation written for a degree. - T.: 2012., pp. 77-96.

Shennaev H.M. Directions for the development of insurance activities in the Republic of Uzbekistan//08.00.07-in the specialty "Finance, money circulation and credit" Dissertation abstract for degree. TMI: 2021.- 84 p.

Koldoshev Q.M. Improvement of the methodological foundations of mutual insurance in Uzbekistan //08.00.07-Finance, money circulation and credit. Dissertation abstract for degree. TMI: 2019- 72 p.;

A.A. Yadgarov, A.S. Rakhimov. Reforms on the development of the livestock sector and insurance protection in Uzbekistan. E3S Web of Conferences 244, 12012 (2021)https://doi.org/10.1051/e3sconf/202124412012. EMMFT-2020. The Authors, published by EDP Sciences.https://www.scopus.com/record/display.uri?eid=2-s2.0-85103441335&origin=AuthorNamesList&txGid=6ed0d224284c3c43d643b828cf7d2238&isValidNewDocSearchRedirection=false

A. Yadgarov. Ensuring food security and insurance protection based on increasing the volume of agricultural production in the context of a pandemic. "Finance and Banking" (electronic scientific journal). Tashkent. 2020 No. Pages 2, 152-159.

A. Yadgarov. (2020). AgroInsurance-As A Mitigating Financial Lever For Climate Change In Agriculture. International Journal of Advanced Science and Technology, 29(7), 2251 - 2258.http://sersc.org/journals/index.php/IJAST/article/view/17501

A. Yadgarov.The importance of using the agricultural insurance system in increasing the volume of agricultural production in pandemic conditions. SAARJ Journal on Banking & Insurance Research (SJBIR) ISSN: 2319-1422 Vol.9, July 2020, Impact Factor: SJIF 2020 = 7.126. 31-37 pages.https://saarj.com/wp-content/uploads/sjbir-july-2020-full-journal

A. Yadgarov.Issues of food safety on the basis of agricultural insurance. The American Journal of Agricultural and Biomedical Engineering ISSN: 2689-1018. JULY 2020. Page No.: 43-52 Volume-II Issue-VII PUBLISHED: 30 JULY 2020.https://usajournalshub.com/index.php/tajabe/article/view/576/539

http://www.mf.uz Ministry of Finance of the Republic of Uzbekistan.

http://agros.uzAnnual reporting data of Uzagrosugurta JSC.