The Development of Insurance as an Important Area of Social Protection

The article deals with the issues of insurance, which is a specific non-commercial form of insurance and features in the republic, the level of its development, current problems of insurance, segments, place in the social protection of citizens, participation in the financial market and their role in insurance activities. In addition, the article discusses the need to introduce new approaches to the insurance activities of Uzbekistan, its advantages, and based on the experience of foreign countries, suggestions and recommendations are given.