The Role of Reinsurance in Ensuring the Financial Stability of Uzbekistan Insurers

Authors

  • Kamilov Bakhramjon Umardjonovich Director of "Insurance School" of "Uzbekinvest" Export-Import Insurance Company” Joint-Stock

Keywords:

insurance, insurance market

Abstract

This article examines the problems of reinsurance in ensuring the financial stability and solvency of insurance companies in the Republic of Uzbekistan. Proposals, recommendations and conclusions have been developed on the improvement of reinsurance activities in Uzbekistan and the further development and improvement of mechanisms for improving the efficiency of reinsurance use in ensuring the financial stability of insurers.

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References

The Law of the Republic of Uzbekistan dated November 23, 2021 ORQ-730 "On Insurance Activities".

Civil Code of the Republic of Uzbekistan. Part Two, Chapter 52. Insurance. https://www.lex.uz/docs/180552.

Shennaev H.M. Importance of insurance in strengthening macroeconomic stability.// Collection of materials of the republican scientific-practical conference on the topic "Priority lines of state finance reform in the long-term perspective of strengthening macroeconomic stability". October 30, 2019. Academy of Public Administration under the President of the Republic of Uzbekistan. - Tashkent. 2019. 40-6.

Krupenko Yu.V. Finansovaya ustoychivost perestrakhovshchikov kak factor stabilizatsii rynka strascovykh uslug. Autoreferat dissertatsii na soiskanie uchenoy stepeni k.e.n.- Minsk: - 2018. - p.28.

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Azimov R.S. Theory and practice of digitalization of the insurance market in the Russian Federation,” Collective monograph. Moscow, Publishing house “Prometheus”, 2021 – p. 376.

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Azimov R.S. Insurance in Uzbekistan: history, current state, challenges in the development process, insurance of foreign economic activity. – T: “TURON-IQBOL”, 2021, 168 p.

Fedorov T.A. “Insurance in a market economy: principles and practice. Textbook. St. Petersburg UEF Publishing House, 2009.

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

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http: //www.lex.uz (collection of legal documents of the Republic of Uzbekistan)

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Published

2023-12-12

How to Cite

Umardjonovich, K. B. (2023). The Role of Reinsurance in Ensuring the Financial Stability of Uzbekistan Insurers. American Journal of Economics and Business Management, 6(12), 11–17. Retrieved from https://globalresearchnetwork.us/index.php/ajebm/article/view/2612