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RESEARCH ON INFLUENCING FACTORS AND PREDICTIONS OF INSURANCE DEVELOPMENT IN UZBEKISTAN


Mirzayev Bobur Soyibjonovich
Economical, Institute for Staff Advanced Training and Statistical Research
Abstract
This thesis presents the results of research on the analysis of the regional insurance markets of Uzbekistan and the modeling of the insurance market. Factors influencing the development of insurance markets were identified and a model was created based on panel data. Regional insurance markets in Uzbekistan were analyzed and a development model was created. For the forecast, a forecast of the volume of insurance premiums for 2023-2026 regions is given, using panel data consisting of the volume of accumulated insurance premiums in the regions, gross regional product, investment, average income of the population, and indicators of the population in the regions.
Keywords: regional insurance market, panel data, econometric model, insurance potential, insurance premium, GDP, population income, random effect, fixed effect model
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Published on : 2023-03-27

Vol : 11
Issue : 3
Month : March
Year : 2023
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