Regional Aspects of Insurance Market Development
Keywords:
insurance, insurance market, insurance services, region, entrepreneurship, risk, social policy, growth, fundsAbstract
This article examines the regional aspects of the insurance market development, identifies the main problems and directions of development and examines the current state of the insurance market of the Republic of Uzbekistan. The problems of the insurance market development are determined and the ways of its development in the country are developed. The insurance market in the classical interpretation is an economic mechanism that combines the interests of policyholders and insurers in relation to insurance services. Most experts consider the insurance market as an economic totality of relations existing between insurance organizations, individuals, and legal entities for the purpose of buying and selling insurance products, as well as as a process of organizing the implementation of monetary relations for the formation and distribution of insurance fund funds to ensure the insurance protection of society.
References
evelopment of the insurance culture of the population.
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