WAYS OF APPLYING INTERNATIONAL EXPERIENCE IN THE INSURANCE SECTOR TO THE PRACTICE OF UZBEKISTAN
DOI:
https://doi.org/10.55640/Keywords:
Insurance sector, International experience, Uzbekistan, Best practices, Risk management, Regulatory frameworks, Innovation, Market developmentAbstract
This article explores the possibilities of applying international experience in the insurance sector to the practice of Uzbekistan. It examines successful foreign models, innovative insurance products, regulatory frameworks, and risk management practices that could be adapted to the local context. The study identifies the challenges and opportunities for integrating global best practices into Uzbekistan’s insurance market, aiming to improve efficiency, expand services, and strengthen financial stability. Recommendations are provided for policymakers, insurance companies, and stakeholders to promote sustainable development and innovation within the sector.
References
1.De Bock, O., & Ontiveros, D. U. (2013). Literature Review on the Impact of Microinsurance. The Microinsurance Innovation Facility
2.Karagyozova, T. (2023). Microinsurance and Economic Growth in Africa. Risks, 11(10), 175.
3.Nozimov, E., & Suyarova, S. (2025). IMPROVING AGRICULTURAL INSURANCE IN UZBEKISTAN: RISK MODELS AND NEW MECHANISMS. Integration of Innovative Education and Training, 1(4), 54-63.
4.Edwards, S., & Carranza, M. (2024). The Role of Microinsurance in Strengthening Social Protection Systems in Emerging Markets. International Insurance Law Review, 32(3), 97126.
5.Nozimov, E., & Nasriddinova, Y. (2025). IMPROVING THE RISK MANAGEMENT AND ACTUARIAL ASSESSMENT SYSTEM IN DEVELOPING THE PERSONAL INSURANCE MARKET. Integration of Innovative Education and Training, 1(4), 50-53.
6.Radu, N., & Alexandru, F. (2022). Parametric Insurance — A Possible and Necessary Solution to Insure the Earthquake Risk of Romania. Risks, 10(3), 59.
7.Gao, H., Yang, S., & Liu, X. (2024). Managing Basis Risks in Weather Parametric Insurance: A Quantitative Study of Diversification and Key Influencing Factors. (Preprint / Working Paper)
8.Nozimov, E., Sadinova, M., & Dusnazarova, B. (2025). MODERNIZATION OF INSURANCE SERVICES BASED ON DIGITAL TECHNOLOGIES AND ITS EFFICIENCY. Integration of Innovative Education and Training, 1(4), 45-49.
9.Heinrich, T., Sabuco, J., & Farmer, J. D. (2019). A simulation of the insurance industry: The problem of risk model homogeneity. (Preprint / Working Paper)
10.Hugo, ‘Background on: microinsurance and emerging markets’, Insurance Information Institute (III).
11.Kong, J., & Singh, M. (2005). Insurance Companies in Emerging Markets. IMF Working Papers, 2005/088.
12.Nozimov, E. (2025). MICRO-AND MACROECONOMIC SIGNIFICANCE OF INVESTMENT ACTIVITY IN THE DEVELOPMENT OF THE COUNTRY'S ECONOMY. International Journal of Political Sciences and Economics, 1(2), 123-128.
13.“Microinsurance and natural disasters: Challenges and options.” (2013). Environmental Science & Policy, 27(Supplement 1), S89–S98.
14.“South and East Asian Insurance Market Growth and Development.” (2007). In: Handbook of International Insurance.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.
