Analysis of the Insurance Market in Uzbekistan

Abstract

This study analyzes the current state of the insurance market in Uzbekistan, focusing on its structure, challenges, and growth potential. Using a combination of quantitative and qualitative methods, the research identifies key trends, regulatory impacts, and future opportunities for the sector. Findings indicate that while the market shows promise due to reforms and economic growth, significant barriers, including low insurance penetration and lack of awareness, persist. Recommendations are provided to enhance the sector's performance.