Econometric Assessment of Factors Affecting the Development of Life Insurance in Uzbekistan

Authors

  • Dinora Alisherovna Baratova
  • Khayrullo Nasrullayevich Khasanov
  • Ikromjon Sobirkhon Ogli Musakhonzoda
  • Maftuna Yuldashboy Qizi Tukhtarova
  • Khusniddin Fakhriddinovich Uktamov

DOI:

https://doi.org/10.47059/revistageintec.v11i2.1741

Abstract

This article presents an econometric assessment of the role of the insurance industry in the economy of Uzbekistan and the factors influencing the development of life insurance. It also covers the scientific theoretical research of scientists studying the economics of insurance. In addition, the development of accumulative life insurance in Uzbekistan was econometrically analyzed and Uzbekinvest Life Insurance Company was selected as a sample from the package. The econometric analysis of the development of insurance activities of the insurance company "Uzbekinvest Life" identifies the main factors influencing its development. Factors influencing the development of Uzbekinvest Life insurance company through econometric models were assessed. In addition, proposals were made for the development of funded life insurance in Uzbekistan.

Downloads

Published

2021-06-03

Issue

Section

Articles