IMPROVING THE METHODOLOGY FOR REGULATION OF INSURANCE COMPANIES’ INVESTMENT ACTIVITIES

Abstract

This article critically examines the need for enhancing the regulatory framework governing the investment activities of insurance companies in Uzbekistan. It provides an in-depth analysis of the current regulatory environment, identifies the gaps and challenges, and proposes a set of recommendations aimed at fostering a robust, dynamic, and resilient insurance sector. The recommendations are presented as general principles, emphasizing continuous improvement, financial stability, consumer protection, transparency, innovation, regulatory capacity, and stakeholder collaboration. The article underscores the importance of a regulatory approach that is adaptable, forward-looking, and aligned with international best practices to ensure the long-term health and competitiveness of the insurance industry in Uzbekistan.