Prospects for the development of the insurance market in Uzbekistan

The article discusses that in the republic the quality and usefulness of the insurance market, the confidence of the population and entrepreneurs in the market remain low. In a modern market economy, the quantity and quality of insurance market entities require an economic basis for their development. To solve these problems, it is necessary to determine the most important, priority areas of development and ways to reform the public insurance market. To solve the problems hindering the development of the insurance industry, some proposals have been proposed.