ISSUES OF RISK INSURANCE IN THE MODERNIZED ECONOMY

Authors

  • Norov Zarif Shamsiddinovich General Director of JSC “Kafolat Insurance Company”, Tashkent

Keywords:

Technological Advancements, Cyber Risk Insurance, Climate Change Resilience, Behavioral Economics, Regulatory Reforms, Digital Transformation. Parametric Insurance, Market Dynamics, Risk Mitigation

Abstract

In the development of insurance in Uzbekistan, a map of the main risks of the modernized economy was drawn up. Moreover, on the basis of risk identification (risk identification), risk reduction to an acceptable level (risk control), allocation of funds for risk management (risk financing), determination of quantitative and qualitative parameters of risk (risk assessment) analysis was performed. In addition, scientific conclusions and proposals were formed on the issues of improving the quality of underwriting in the professional implementation of the processes of identification and analysis of risks offered to insurance.

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Published

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How to Cite

Norov Zarif Shamsiddinovich. (2024). ISSUES OF RISK INSURANCE IN THE MODERNIZED ECONOMY. EPRA International Journal of Economic and Business Review(JEBR), 12(2), 7–13. Retrieved from https://eprajournals.net/index.php/JEBR/article/view/3789