Analysis of insurance premiums and payments on the insurance market of the Kyrgyz Republic

This article presents indicators characterizing the development of the insurance market. It is substantiated that insurance is one of the most state-regulated sectors of the economy, as it affects the interests of a significant number of consumers. The article reveals indicators that characterize insurance not only as a guarantor of business stability, but also as an incentive for its further development. Based on the study of statistical materials on insurance premiums and payments, the need for the development of the insurance market as a financial mechanism was substantiated and the main directions of development of the insurance market were identified.