ACADEMICIA: AN INTERNATIONAL MULTIDISCIPLINARY RESEARCH JOURNAL

This article discusses that insurance is one of the most significant sectors of the economy and a significant means of protecting the population and business from losses caused by unforeseen events.In this regard, the state pays great attention to supporting this activity all over the world, developing insurance products that meet the needs of the population and business. In this article, the author analyzes in detail the work done on the development of insurance in Uzbekistan and tries to reveal its features.The study provides for an in-depth study of the problems of insurance development in Uzbekistan and the development of proposals and recommendations for their solution.